Latest news

Germany’s Bundestag approves nuclear waste deal with four utilities

An overwhelming majority in Germany's lower house of parliament has approved a new law on Thursday which will oblige country’s top utilities pay into a 23.6 billion-euro ($24.8 billion) state fund from next year in return for shifting the liability for nuclear waste storage to the government.

read more... 16/12/2016

news

Germany’s E.ON to build new 228 MW onshore windfarm in the U.S.

German electric utility service provider E. ON unveiled it will build a new 228MW onshore windfarm in Willacy County, Texas.

read more... 13/12/2016

news

German power giants entitled for compensation after accelerated nuclear shutdown

Germany's Federal Constitutional Court ruled Tuesday that the government must compensate utilities as it hastened the closure of nuclear power in the country aftermath Japan’s Fukushima disaster in 2011.

read more... 07/12/2016

news

Daily: Electricity curve prices in Europe decline on French nuclear restart, higher wind, thermal output in Germany

Crude oil prices settled lower on Tuesday for the first time since OPEC agreed on November 30 to curb output, as data showed record output in producer group fed skepticism that it would be able to curtail supplies. Brent futures shed $1.01 to settle at $53.93 a barrel, while U.S. West Texas Intermediate (WTI) crude futures eased 86 cents to end at $50.93 per barrel. Crude had soared over 15 percent in the four sessions since the November 30 OPEC meeting.

read more... 07/12/2016

news

Switzerland to decide in a referendum over its nuclear future

Switzerland will vote in a referendum on November 27 on whether to exit nuclear power, a move that will reduce nuclear risk, but will increase dependence on fossil fuels from Germany or imported nuclear power from France.

read more... 25/11/2016

news