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Daily: European prompt power prices decline on considerable drop in wind power capacity
Crude oil futures dropped on Monday as plentiful supply and declining economic growth in Europe and China eclipsed expectations of a reduction in oil production from the Organization of the Petroleum Exporting Countries (OPEC). Brent crude for November delivery eased $1.42 to close at $96.97 a barrel, having slipped $2.01 intraday to $96.38. The WTI October crude contract slipped 89 cents to settle at $91.52 a barrel and, down for a fourth consecutive session, while U.S. November crude closed at $90.87, down 78 cents.
read more... 23/09/2014
German EEX envisages French equal Powernext, concentrates on gas
Germany's European Energy Exchange (EEX) intends to take over French equal Powernext, according to a demand filed with the German competition regulator, in a move that could permit them to compete Britain as the region's foremost gas trading hub.
read more... 23/09/2014
Romania: Local Enel power activities point of interest for Nuclearelectrica
Romanian state-owned nuclear electricity producer Nuclearelectrica might purchase part of the power distribution assets that Italy's Enel intends to vend, as it said in a statement on Friday.
read more... 22/09/2014
Safi Energy obtains $2.6 billion funding to construct Moroccan power plant
Safi Energy Company has secured $2.6 billion in funding the construction of a coal-fired power plant of 1,386 megawatts in southern Morocco, as reported by state news agency MAP.
read more... 19/09/2014
Germany uncovers Europe’s largest battery plant
Germany launched Europe's biggest commercial battery plant on Tuesday, an installation powered by 25,600 lithium-ion batteries that will aid alleviate the increasing supply of renewable energy in the region.
read more... 17/09/2014