Latest news
Daily: European power prices increase on further sanctions concerns against Russia
Crude oil declined on Monday on signs of supplies surplus of North Sea and West African crude and as sluggish demand in Europe and Asia counterbalanced fears of intensifying tensions in Ukraine and in the Middle East. Brent crude for September delivery fell 82 cents to settle at $107.57 a barrel, after hitting a low of $107.01 earlier in the session. WTI crude futures for September delivery dropped 42 cents to settle at $101.67, rebounding from an intraday low of $100.90.
read more... 29/07/2014
Alstom wins deal estimated at 335 mln euros in Mexico
French engineering conglomerate Alstom won agreements estimated at approximately 335 million euros ($450.24 million) to equip an Iberdrola power plant in Mexico, according to company’s declaration on Monday.
read more... 29/07/2014
Candu Energy to collaborate with Chinese company on Romanian reactors
Canada's Candu Energy declared on Friday it will assist China Nuclear Power Engineering Company (CNPEC) in the construction of two nuclear reactors in European Union state Romania if and when the Chinese company comes to a decision to invest there.
read more... 28/07/2014
A big solar storm is expected in the next decade
Solar scientists consider that the probability of a solar storm hitting Earth in the next decade with sufficient strength to do significant damage to power networks might be of about 12 percent.
read more... 28/07/2014
Wind power will account for more than 7 percent of the world’s electricity mix by 2018
Despite a dramatic slowed growth in the global wind power in 2013, the prospects on worldwide wind industry are rising, according to a new report from Navigant Research.
read more... 25/07/2014