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EU reaches an agreement with Germany on renewable energy law
European Union authorities have arrived at an accord with Germany on how to make its projected renewable energy law suitable with EU state aid regulations, as stated on Wednesday by the bloc's antitrust chief.
read more... 10/07/2014
Serbia: gas prices to increase in August
Serbian energy regulator AERS made known on Wednesday it has agreed on average raises in retail gas prices of about 1.3 percent for households and up to 1.4 percent for businesses as of August.
read more... 10/07/2014
GE to supply turbines for Dunmaglass wind farm
US conglomerate GE has concluded an agreement to provide SSE Renewables with turbines, particularly for the 94MW Dunmaglass wind farm in Scotland.
read more... 09/07/2014
Daily: European power prices fell on stronger wind power supply
Brent crude slipped more than $1 a barrel on Tuesday, posting its seventh consecutive decline, hitting a one-month low below $109 since Libyan oil exports from two ports were likely to resume and fears eased of supply disruption in Iraq. Brent has slumped more than 5 percent since last month, when the Iraq violence pushed up prices to a nine-month high of $115.71. Brent crude for August delivery dropped by $1.30 to settle at $108.94 a barrel, after hitting a session low of $108.69, while the U.S. benchmark crude fell 13 cents to touch $103.40, hitting an eighth consecutive day of declines.
read more... 09/07/2014
Germany: 50Hertz alone will invest 400-500 million euros in power grid in 2014
German power grid operator 50Hertz intends to make an investment of 400-500 million euros this year to build transmission connections that will convey wind power from Germany's inaccessible regions to its industrial centers to sustain its move from fossil fuels to renewable energy.
read more... 09/07/2014