Latest news
New England electricity grid informs about winter natural gas restrictions
New England must have sufficient power to satisfy demand this winter but the natural gas pipeline restrictions that led to price increases on the coldest days last winter will be a worry again this year, as stated by the region's electricity grid operator on Thursday.
read more... 21/11/2014
Daily: European power prices plunge tracking weak carbon prices
Crude oil prices soared on Thursday, recovering after a three-day loss, as upbeat U.S. economic data supported crude markets, but focus persisted on whether OPEC will curb output to halt a five-month long selloff. Benchmark Brent oil increased $1.23 to settle at $79.33 a barrel, after hitting a session high of $79.46. U.S. crude boosted $1 to close at $75.58 after an intraday peak of $75.76.
read more... 21/11/2014
Romania adheres to CEE day-ahead electricity link up
Romania connected its day-ahead power market to those in the Czech Republic, Slovakia and Hungary on Wednesday as part of a plan to enhance supplies and make retail prices firmer, as stated by regional energy representatives.
read more... 20/11/2014
Daily: European forward power prices rally at 2-month high on increasing carbon, coal prices
Crude oil dropped for a second consecutive day on Tuesday since traders looked beyond price defense attempts by Russia and Venezuela and toward Saudi Arabia and OPEC for fresh leads on whether the group might cut production at its meeting on November 27. Benchmark Brent crude slipped 84 cents to close at $78.47 a barrel, while front-month U.S. crude close down $1.03 at $74.61.
read more... 19/11/2014
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