Latest news
Daily: European spot power prices rebound amid weak renewable power output
Oil prices increased across both sides of continent on Wednesday, pushed up by a draw on U.S. crude inventories at the Cushing, Oklahoma, crude oil delivery hub, while gasoline stockpiles drove Brent and U.S. crude to the three weeks highs.
read more... 15/05/2014
Britain: solar power subsidy scheme to be stopped earlier
Subsides for new solar power plants in Britain might be probably ended two years earlier than anticipated in order to avoid the costs increase, as stated by the government on Tuesday.
read more... 14/05/2014
Europe forms single power market covering 70% of customers
Power grids and exchanges in southern and north-western Europe connected markets on Tuesday covering approximately 70 percent of European customers, which will contribute to unified power pricing while diminishing risks of supply.
read more... 14/05/2014
Germany: warning of the medium-sized groups on high-energy costs
The mid-sized industrial conglomerates in Germany warned on Monday that elevated energy costs generated by the country's move towards renewable power would damage their competitiveness over the next two years and appealed to the government to put a restriction on prices.
read more... 13/05/2014
Daily: European spot power prices spurred by tight thermal capacity, healthy demand
U.S. crude futures posted a modest fall on Friday after U.S. government data on Wednesday showed a drop in crude supplies last week for the first time since late March, even if total supplies are still at record highs. Meanwhile, Brent crude inched down as traders were pending for further developments in the Ukrainian crisis.
read more... 12/05/2014