Latest news
French group takes a major stake in OpenHydro
A French naval defense and energy company has announced its expansion plans for OpenHydro, a tech company developing marine power alternatives. The OpenHydro Company uses turbines located on the seabed to produce power in areas that are known for their strong tides.
read more... 23/01/2013
EDF: French annual nuclear power production down 3.8% in 2012
French annual nuclear power production from 58 reactors owned by EDF totaled 404.9 TWh last year, a decrease of 3.8% compared to 421.1 TWh in 2011, this being the first decline since the crisis in 2009 (- 6.6%).
read more... 23/01/2013
Daily: European power spot prices increase on colder weather and low supply
Brent crude oil futures for March delivery settled down 18 cents at $111.71 per barrel on Monday, ending a three-day rally , dragged down by pessimism over global economic growth which restored traders ‘focus to healthy supply levels, slashing fears of unrest in North Africa. Meanwhile, U.S. WTI crude futures were off 9 cents in overnight electronic trading at $95.47 a barrel at 1649 GMT, after hitting a four-month high last week. U.S. markets were closed on Monday for a public holiday.
read more... 22/01/2013
France launches new offshore power tender
Delphine Batho, France's environment and energy minister has launched its second offshore wind tender, putting 1 GW of capacity to be developed on sites off the coast of western and northern France.
read more... 22/01/2013
Belgium to build an artificial island to store wind power
Belgium plans to build an artificial island in the North Sea aimed to store wind energy, trying thus to lessen its reliance on nuclear power, as it intends to completely exit from nuclear power in the next future. The construction of the island in the North Sea will have a donut form and will be made out of sand, in a move that will be able to store some of the excess power generated by extensive offshore wind farms in the area.
read more... 18/01/2013