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Britain gave the green light for the construction of two new gas-fired power plants

Britain approved on Thursday the building of two new 299 MW gas-fired power plants.

read more... 24/07/2015

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China to build two nuclear power plants in Iran

China envisages building two new nuclear power plants in Iran on the Makran coast, near the Gulf of Oman, Iran’s Atomic Energy Organization head Ali Akbar Salehi announced Wednesday.

read more... 24/07/2015

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Germany’s coal imports likely to drop by 5.7%

Germany's coal imports are expected to drop to 53 million tonnes in 2015 from a record high last year of 56.2 million, as stated by a lobby group VDKi on Thursday, quoting lower demand from power stations and steel producers.

read more... 24/07/2015

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Bulgaria enforces 5% revenue tax on electricity producers, importers

Bulgaria will enforce a 5 percent tax on profits for power producers and importers since it aims to reduce a deficit at its state-owned utility, as decided by its parliament on Wednesday.

read more... 23/07/2015

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Daily: European spot power prices retreat due to lowering air conditioning demand

Crude oil prices declined and WTI closed below $50 a barrel on Wednesday after government figures indicated that crude oil stockpiles in the United States strengthened last week and as a stronger dollar and weaker global equities added to pressure. U.S. crude for September delivery tumbled $1.67, or 3.28 percent, to settle at $49.19 a barrel, first settlement below $50 since April. Brent crude for September delivery dropped 91 cents to close at $56.13.

read more... 23/07/2015

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