Latest news
Finland to curtail wind power development amid high subsidies costs
Finland is planning to prune wind power developments and curb subsidy costs, restraining a boom that exceeded government expectations.
read more... 04/09/2015
Daily: European spot power prices decline on robust supply
Crude oil prices rebounded on Thursday, following gains in Wall Street equities for a second consecutive day, although U.S. crude inventories posted a weekly increase that weighted on oil outlook. Brent front-month contract rose 18 cents to settle at $50.68 a barrel. At one point during the session it had hiked above $52. U.S. crude's front-month advanced 50 cents to settle at $46.75. It hit above $48 earlier.
read more... 04/09/2015
Solar reaches 10% of peak summer power in Japan
Solar power generation made up about 10% of the peak summer electricity supplies of Japan's nine major utilities, as reported on Thursday by the Asahi newspaper.
read more... 03/09/2015
UK: Coal-fired Eggborough power plant set to close in March on high costs
Britain's coal-fired Eggborough power plant is set to close at the end of March 2016, blaming too high costs to continue running the 53-year-old power station, according to its owner declarations on Wednesday.
read more... 03/09/2015
China is approaching the smart power grid
China is envisaging investing at least CNY2 trillion ($313bn) to upgrade its power grid infrastructure over the 2015-2020 period, a report by a government newspaper said on Monday.
read more... 02/09/2015