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Poland: Enea will spend around 500 mln zlotys to meet EU coal plant rules

Poland's state-run utility Enea will have to spend around 500 million zlotys ($134.22 million) to make most of its electricity stations compliant with the European Union's latest air quality requirements, as stated by Enea's chief executive on Thursday.

read more... 26/05/2017

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Daily (25.05.2017): European electricity prices fell 13% on Wednesday

Oil prices slightly decreased on Wednesday as investors waited for news from Vienna where ministers from OPEC and other exporting countries were talking about the option to extend production cuts into the first quarter of 2017.

read more... 25/05/2017

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Daily (23.05.2017): European spot electricity prices fell by 6-7% on Monday

Oil futures rose on Monday to the highest level in more than a month, as speculation that the cuts could be further extended, pushed prices up.

read more... 23/05/2017

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PGE decides to acquire EDF's Polish power plants for $1.2 billion

Poland's biggest electricity producer PGE has decided to purchase French group EDF's local power and heating plants for 4.51 billion zlotys ($1.2 billion) counting debt, in a move to raise market share and give the state more control over the country's energy assets.

read more... 22/05/2017

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Armenia: Hydropower plants can reach a 40% share of electricity generated

Armenia’s hydropower plants can produce a share of 40% of the total electricity volume, according to a recent statement of the Armenian deputy minister of energy infrastructure and natural resources Hayk Harutyunyan.

read more... 18/05/2017

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