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Daily (21.05.2019): European spot power prices soared by around 16% due to firmer consumption

Oil prices diverged on Monday. OPEC’s intention to maintain output cuts coupled with the escalating tensions in the Middle East sent WTI futures up by 0.5% at 63.10 USD/bbl. Meanwhile, Brent crude lost 0.3% to settle at 71.97 USD/bbl, influenced by the high level of global crude oil inventories.

read more... 21/05/2019

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Alpiq sells two Czech coal-fired power plants to Sev.en Energy

Swiss company Alpiq has agreed to sell its two coal-fired power plants in the Czech Republic to Sev.en Energy Group for nearly $307.15m (€280m).

read more... 20/05/2019

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Wind park of 102 MW opens to power Philips in Netherlands

The 102-MW Windpark Krammer facility in the southwest of the Netherlands was officially opened this week in a ceremony attended by King Willem-Alexander.

read more... 20/05/2019

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GE Steam Power and partners synchronize 900MW power unit to Polish grid

GE Steam Power, Polska Grupa Energetyczna (PGE) and the GE-led consortium partners have synchronized the Opole Unit 6, with 900MW generating capacity, to the Polish grid.

read more... 16/05/2019

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Romania's Nuclearelectrica, China's CGN sign prelim agreement for Cernavoda NPP Units 3,4

Nuclearelectrica, the operator of Romania's sole nuclear power plant (NPP) Cernavoda, said on Wednesday it has signed a preliminary investors agreement (PIA) with two Chinese companies for the construction of Units 3 and 4 at the NPP.

read more... 10/05/2019

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