Latest news
German renewable energy scheme approved by EU regulators
Germany subsidies for generating renewable energy did not contravene EU regulations, as stated by the European Commission on Tuesday, subsequent to an in-depth examination into whether they had constituted inequitable competition.
read more... 26/11/2014
Electricity bills for 12 million German households to drop starting from January
Several 12 million German households' electricity bills will reduce by an average 2.4 percent starting from January since 115 energy firms pass on lower wholesale prices and charges to sustain renewable power, as mentioned by the internet portal Check24 on Monday.
read more... 19/11/2014
Offshore wind industry hastens to reduce costs since subsidies decline
As European governments begin to reduce offshore renewable electricity subsidies, utilities, wind turbine manufacturers and installers are aiming to decrease costs to aid the industry survive.
read more... 17/11/2014
Daily: European power prices jump on colder weather forecasts, weak renewable supply
Brent crude boosted almost $2 a barrel on Friday for its sharpest daily gain in three weeks as a support came a day after prices plunged to four-year lows below $80. Brent's new front-month contract, for January delivery, settled at $79.41 from Thursday's $77.49. U.S. crude's front-month increased by $1.61 to close at $75.82 a barrel, after a four-year low at $73.25 and session high of $76.30.
read more... 17/11/2014
Daily: European power prices fell on robust renewable supply
Crude oil markets declined on Thursday following a one-day hike as concerns about strong supplies returned to pursue traders, while a dollar rally added to the pressure, weighting on commodities priced in the currency. At the settlement, Brent's front-month declined by 9 cents to trade at $82.86 a barrel, compared to its 90 cent- decline earlier in the day. U.S. crude close down 77 cents at $77.91, after slipping as much as $1.56 during the session.
read more... 07/11/2014