Latest news
EU’s urgent need for investments in power sector
An inquiry carried out by the House of Lords into the EU power sector concluded that European Union’s energy network needs an investment of about 1 trillion euro in the next ten years to come in a move which aims to stave off an energy crisis.
read more... 07/05/2013
Bulgaria to switch off 40% of wind, solar power capacity
The Bulgarian authorities will switch off about 40% of its wind and solar power plants in order to equilibrate a power system in danger of instability following a considerable excess of capacity after a drop in consumption and exports.
read more... 03/05/2013
Daily: European power prices at 8-year low as fuel prices fell
Brent crude oil closed near $100 a barrel on Thursday, trading close to two-week lows reached in the previous sessions, dragged down by intensifying worries about the U.S. and Chinese economies which clouded the outlook for oil demand from the top two consumers.
read more... 03/05/2013
Poland is working on plans for its first nuclear power plant
Poland wants to reduce its dependence on highly polluting coal and expensive Russian gas imports, so it is working hard on its program for introducing nuclear power in its energy mix. At present it is highly dependent on coal, which provides around 90% of the country’s energy.
read more... 03/05/2013
European power trading volumes uncertain after the 2012 drop
Trading volumes in Europe's major wholesale power markets dropped 12% in 2012, and nearly four months into 2013 the direction of the market is too uncertain to predict. Trading volumes dropped to 8,534 TWh in 2012 in France, Germany, Italy, the Netherlands, Spain, Britain and the Nordic region from 9,645 TWh in 2011, according to estimates.
read more... 02/05/2013