Latest news

Vattenfall CEO envisages sale of Moorburg coal plant in next 5 years

Swedish utility Vattenfall intends to vend its new coal-fired plant in Moorburg, Germany, in the next five years, as declared by its chief executive on Monday.

read more... 21/09/2016


Construction starts at NordLink power interconnection between Norway and Germany

TenneT Holding BV, Statnett SF and KfW celebrated the start of construction of the 1.4 GW NordLink subsea cable project, the first direct link between the Norwegian and German energy markets.

read more... 20/09/2016


Daily: Spot power prices increased on lower wind in Germany, nuclear supply in France

Oil prices decreased more than 1 percent yesterday on renewed worries over an oil oversupply, a stronger dollar and hopes that Nigerian insurgents will stop hampering country's crude production. Brent crude decreased 66 cents arriving at $49.26 a barrel, down 1.3 percent. U.S. West Texas Intermediate (WTI) crude diminished 66 cents, or 1.4 percent, at $46.98.

read more... 30/08/2016


Work begins on 385 MW Baltic Sea wind farm

Germany-based utility company E.ON and Norwegian oil and gas firm Statoil have started on Thursday the construction of the 385 MW Arkona offshore wind project, a new wind farm situated 35 kilometers northeast of the island of Rugen in the German Baltic Sea.

read more... 23/08/2016


Urenco inks Ukrainian agreement

Urenco, manufacturer of enriched uranium for the nuclear power utilities worldwide, should supply uranium enrichment to Ukraine under an agreement inked last week by the country's national nuclear firm Energoatom and the enrichment company possessed by Germany, the Netherlands and the UK.

read more... 22/08/2016