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Thousands of jobs to be created by tidal power scheme

Thousands of jobs could be created by a scheme that aims to harness the tidal power of the Mersey.

read more... 09/05/2019

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Novovoronezh NPP-2’s second unit delivers first power to Russian grid

Rosenergoatom, a part of the electric power division of Russia's Rosatom, has commenced power generation from the 1,200MW unit 2 of the Novovoronezh nuclear power plant (NPP)-2 in Novovoronezh city, the Voronezh Region in central Russia.

read more... 03/05/2019

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Daily (02.05.2019): The German spot power price soared by 49% on Wednesday, on forecasts for cold weather and low wind output

Oil prices declined on Wednesday, after EIA data showed a new record level of oil production since September 2017 and a surge in the crude inventories in the U.S. Brent crude lost 0.9% to trade at $72.18 a barrel, while WTI futures edged 0.5% lower at $.63.60 a barrel. Nevertheless, the losses were limited by the prospect of a weaker oil supply due to increasing unrest in Venezuela and the end of U.S. sanction waivers on countries importing Iranian oil.

read more... 02/05/2019

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Daily (26.04.2019): French spot power price spiked by 40% on Thursday due to falling wind output

Oil prices declined on Thursday, as global oil capacity looks sufficient to compensate the supply gap after the soon-ending sanction waivers on Iranian oil imports. WTI futures dropped by 1% to $65.21 a barrel, amid stronger U.S. crude production and abundant stocks. Brent crude slipped by merely 0.3% to $74.35 a barrel, with losses limited by halted oil imports via Russian pipeline due to quality concerns.

read more... 26/04/2019

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French utility Engie to sell some German and Dutch coal power assets

French utility Engie has agreed to sell some coal-fired power plants in the Netherlands and Germany, as Engie continues its strategy of disposing of non-core assets to focus more on the renewable energy sector.

read more... 26/04/2019

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