Latest news
Swiss grid will exploit Alpine hydro plants to counterbalance nuclear shutdown
The Swiss power grid operator has informed utilities that they may have to increase energy production from high-mountain hydro plants this winter since nuclear reactors stay closed and there is not sufficient transformer capacity to take on enough green power from Germany.
read more... 03/12/2015
Germany’s RWE to split off its renewables business
German utility RWE is envisaging restructuring its business, spinning out of renewable energy, grids and retail business areas into new subsidiary. It is to be listed on the stock market in late 2016.
read more... 02/12/2015
Bulgaria supports Nord Stream gas expansion
Bulgarian Prime Minister Boiko Borisov declared on Monday his government backed Russia's plans to expand its gas connection to Germany.
read more... 01/12/2015
Siemens obtains first funding for Egypt power plant project
Egypt has obtained a first tranche of funding for an 8 billion euro ($8.5 billion) plan for power plants to be constructed by Germany's Siemens, as stated by the company and electricity ministry.
read more... 24/11/2015
Daily: European power diverge on robust wind supply in Germany, higher consumption in France
Crude oil prices declined as much as 1 percent on Monday, prolonging losses for a consecutive day, dragged down by new stockpile hike at the delivery point for U.S. crude futures and lower Wall Street share prices. On Monday, the front-month in Brent crude futures fell 23 cents, or 0.5 percent, to close at $47.19 a barrel. West Texas Intermediate (WTI) dropped 42 cents, or 1 percent, to settle at $43.87.
read more... 10/11/2015