Latest news
Germany: Green energy boom bedevils conventional power plants
German utilities are intensifying pressure on the government ahead of Federal elections due to be held in Germany on 22nd September to ease green policies that are hitting their profits.
read more... 07/08/2013
Enel investments in Spain’s energy sector at risk
Enel, Europe's second utility in terms of installed capacity, has announced recently that its future funds in Spain’s energy sector could be at risk unless the energy reform was revised. The Spanish government imposed a 7% levy on all incomes from power generation at the beginning of 2013, and approved a second wave of reforms in July.
read more... 05/08/2013
Daily: European spot power prices boost on lower renewables and falling temperatures
Crude oil futures declined on Friday on disappointing U.S. jobs data which alleviated economic optimism, pushing Brent crude to its highest level in four months and encouraging some investors to take profits.
read more... 05/08/2013
British Gas to offer “free electricity” on Saturdays to its customers
Energy firm British Gas is considering offering customers “free electricity” on Saturdays, encouraging in such a way more power use at weekends when industrial energy demand is much lower.
read more... 02/08/2013
Enel Green Power profits up by over 20% in the first semester
Italy's biggest renewable energy company Enel Green Power (EGP), controlled by Italian utility Enel, has announced yesterday that in the first six month of 2013 its earnings increased by 21.7% to 269 million euros in comparison to 221 million euros in the same period of 2012.
read more... 01/08/2013