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Daily: German forward power prices hit new three-month high

Benchmark Brent crude oil prices prolonged a small gain on Monday, reversing a sharp early drop amid optimistic economic data, North Sea output worries and a new French report on Syria’s use of chemical weapons.

read more... 09/09/2013

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Siemens: Denmark’s biggest offshore wind power plant officially inaugurated

Siemens has officially inaugurated the Anholt offshore wind power plant, which is the biggest wind power project in Denmark, with a total capacity of 400 MW.

read more... 09/09/2013

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Daily: European spot power prices down on more wind and sun power generation

Brent crude oil settled lower on Wednesday as it emerged that a military strike against Syria would remain restricted, repressing fears of supply disruptions in the Middle East. U.S. oil lost more than $1 per barrel, as any Middle East conflict might further tighten already restrained global supplies. Brent prices for October delivery decreased 77 cents at $114.91, after trading as high as $116.09 and as low as $114.40. While U.S. crude oil for October delivery established at $107.23 a barrel, decreasing $1.31, or 1.2%.

read more... 05/09/2013

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USA: Renewable energy represented 50% of new added capacity in 2012

Last year almost half of all new installed capacity in the USA was from renewable sources, in major part from wind and solar. The US has one of the largest wind power installed capacities in the world, enough to supply almost 10 million households across the country. Wind was the most popular renewable energy source in 2012 by far, accounting for 13.1GW.

read more... 04/09/2013

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Daily: European power prices up on lower nuclear production

Brent futures recovered from a $2 drop early in the day, rising 35 cents to settle at $114.36 per barrel while the U.S. crude oil prices decreased 83 cents to trade at $106.82 per barrel at 1PM EST, the end of a thinly traded, holiday-shortened day. It had dropped as low as $104.21.

read more... 03/09/2013

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