Latest news

Centrica to gradually exit wind power

Centrica, largest household energy supplier in Great Britain, and its joint venture partner EIG Global Energy Partners have decided to sell three UK wind farms for a total of 423 million pounds ($616 million) to a consortium including the UK Green Investment Bank Offshore Wind Fund and other funds managed by BlackRock.

read more... 05/02/2016

news

Daily: European prompt power price soar amid lower wind and solar output

Crude oil tumbled 2% in volatile trading on Thursday, as support from a depreciating dollar was eclipsed by speculation about possible talks the Organization of the Petroleum Exporting Countries and other oil producers to jointly cut output. Brent futures declined 1.6 percent, or 58 cents, to settle at $34.46 a barrel, after fluctuating between $34.15 and $35.84. WTI crude also ended lower, down 56 cents, or 1.7 percent, at $31.72 after swinging between $31.53 and $33.60.

read more... 05/02/2016

news

EnBW obtains service agreement for Iberdrola offshore wind park

EnBW, Germany's No.3 utility, has gained a services agreement for Iberdrola's offshore wind park Wikinger, focusing on its track record in construction and operating renewable assets since it moves from fossil-fuel electricity generation.

read more... 05/02/2016

news

Montenegro grants oil concessions to Eni and Novatek for 30 years

The Montenegrin government offered concessions for oil and gas exploration for a period of 30 years in the Adriatic sea to a conglomerate of Italy's Eni and Russian No. 2 gas company Novatek, an economy ministry representative declared on Thursday.

read more... 05/02/2016

news

World’s biggest offshore wind farm will be constructed in UK

DONG Energy has confirmed plans to construct the world’s biggest offshore wind farm in the UK.

read more... 04/02/2016

news