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EBRD backs France’s Urbasolar plant in Kazakhstan

The European Bank for Reconstruction and Development (EBRD) is backing French energy firm’s Urbasolar SAS in its intention to construct a solar power plant in Kazakhstan.

read more... 16/01/2018

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EU averted about “lost decade” for renewables due to declining costs

The cost of generating electricity from renewable energies is on the path to attain new lows on the globe, according to projections by the International Renewable Energy Association (IRENA).

read more... 15/01/2018

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EU more reliant on Russian gas despite diversification efforts

Russian major energy company Gazprom, supplied Europe with record amount of gas, despite cold diplomatic relations between Russia and the European Union.

read more... 15/01/2018

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Turkey's National Energy Efficiency Plan welcomed by EBRD

The European Bank for Reconstruction and Development (ERD) salutes Turkey's National Energy Efficiency Action Plan (NEEAP). It has as a target to reduce 14 percent of primary energy consumption by 2023 and invest almost $11 billion in energy efficiency measures.

read more... 12/01/2018

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Daily (11.01.2018): European day-ahead power prices surged by around 16% on Wednesday due to colder weather forecasts

Crude oil prices touched new multi-year peaks on Wednesday as OPEC-led output reductions and increased demand helped to balance the market, but analysts warned of a potential overheating.

read more... 11/01/2018

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