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Turkish electricity prices surge to the highest level in years

Turkey’s electricity prices surged to their highest level in years, as natural gas consumption was spurred by higher household demand due to cold weather.

read more... 23/12/2016

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TPI Composites targets 25% turbine blade sales increase

Wind turbine blade maker TPI Composites intends to raise its sales by a quarter each year for the next few years, its chief executive told Reuters, as demand for wind power around the world continues to surge.

read more... 19/12/2016

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Daily: European spot electricity prices retreat from recent highs on firmer wind supply, lower demand

Crude oil prices did not change significantly on Tuesday, paring earlier gains in line with U.S. stock markets as voters head to the polls to elect the next president of the United States. Brent crude lost 11 cents or 0.24 percent to settle at $ 46.04 per barrel. WTI crude rose by 0.09 cents or 0.20 percent to end at $44.98 per barrel.

read more... 09/11/2016

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Daily: European spot power prices increase sharply on stronger demand, weaker renewables supply

Crude oil prices settled down on Monday on news of the forthcoming restart of Britain’s Buzzard oil field and as Iraq wants to be exempted from OPEC production cuts as it needs more money to fight Islamic State militants. Brent, the international benchmark for crude, lost 32 cents, or 0.6 percent, to close at $51.46 a barrel. Its session low was $50.50. U.S. West Texas Intermediate (WTI) crude declined 33 cents, or 0.7 percent, to end at $50.52.

read more... 25/10/2016

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EU gas demand likely to increase by 6% in 2016

Natural gas demand across the European Union is likely to raise by 6 percent in 2016, aided by increasing industrial production and more use in electricity generation and transport, as stated by the Eurogas business association on Friday.

read more... 24/10/2016

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