Latest news

Daily: German spot power prices sag on hurricane-force winds in northern Europe

Brent crude oil futures dropped, while U.S. crude oil futures climbed for a fifth consecutive session on Thursday, narrowing the spread between the two benchmarks contracts to a two-week low as optimistic U.S. economic data suggested an increase of demand for oil in the world's largest consumer.

read more... 06/12/2013

news

Bulgaria to apply a 20% tax on solar, wind energy

Bulgaria’s parliament has approved a 20 percent controversial tax income from wind and solar power installations next year. The proposal was backed Thursday morning by 116 MPs, 38 voted against and 28 abstained.

read more... 06/12/2013

news

UK Government to finance a new nuclear power plant in Anglesey

The UK Government has announced it intends to finance a new nuclear power station in Anglesey in North Wales within three years.

read more... 05/12/2013

news

Hinkley Point deal uncertain, once again

The European Union is likely to open an official inquiry into whether the Hinkley Point nuclear deal breaks the EU rules on competition. Britain in October signed a deal with EDF to build a nuclear plant at Hinkley Point in southwest England and became the first European country to offer a guaranteed power price over 35 years for a new nuclear project. Britain has said it is confident it will get clearance, but a formal European Commission probe could take years, throwing uncertainty over the nation's plans.

read more... 03/12/2013

news

UK hits a new wind energy record

British wind energy industry hit a record-breaking on Friday, supplying more than 6GW of power to the grid for the first time, according to data provided by the National Grid.

read more... 02/12/2013

news