In 2015, the 28 EU member states connected a total of 12.8 GW of wind power to the grid, according to the European Wind Energy Association (EWEA).
read more... 11/02/2016
France's energy transition law could oblige state-controlled utility EDF to shut down around a third of its 58 nuclear reactors by 2025, the state audit office declared in its yearly report on Wednesday. The Cour des Comptes predicts that the projected reduction of the share of nuclear in French energy output to 50 percent by 2025 from over 75 percent now might lead to the closure of 17 to 20 reactors if electricity consumption and exports stay at present levels.
read more... 11/02/2016
German engineering conglomerate Siemens and Spanish renewable energy group Gamesa are in final talks on a transaction to merge their wind power assets, as stated by two sources familiar with the situation on Wednesday.
read more... 11/02/2016
Crude oil prices declined for a fourth consecutive session on Tuesday and hovered near to 12-1/2-year lows attained last month, after weak demand forecasts from the U.S. government and the western world's energy watchdog, while weakness in equities markets also dragged down prices. Brent crude oil fell $2.56, or 7.8 percent, to settle at $30.32 a barrel. It was the biggest drop in a day for Brent since September 1. WTI crude eased $1.75, or 5.9 percent, to end at $27.94. It dipped to $26.19 previous week, its lowest since May 2003.
read more... 10/02/2016
France will inaugurate a tender for wood-fired power plants for a total of 50 megawatt (MW) per year for three years and a tender for biogas-fired plants for 10 MW per year for three years, as stated by the energy ministry on Monday.
read more... 09/02/2016