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UK regulator enforces selling prohibition on ScottishPower
ScottishPower, one of Britain's "big six" energy providers, has been given a provisional selling interdiction for failing to clear a logjam of consumer problems within a timeframe fixed by the regulator.
read more... 05/03/2015
Serbia, IMF settle on 15% electricity price increase in 2015
Serbia established with the International Monetary Fund that it would increase power prices this year by 15 percent, as stated on Wednesday by Daehaeng Kim, the IMF country representative.
read more... 05/03/2015
Daily: European power prices diverge, with German up and French flat
U.S. oil futures boosted on Wednesday and Brent pared losses as OPEC member Iran announced that it set against a schedule for a freeze of nuclear activities, move that pushed up crude which was dragged down by strong U.S. inventories. U.S. crude rose by $1.01 to settle at $51.53 a barrel, reversing a near $1 decline from earlier in the day. U.S. oil futures boosted on Wednesday and Brent pared losses as OPEC member Iran announced that it set against a schedule for a freeze of nuclear activities, move that pushed up crude which was dragged down by strong U.S. inventories. U.S. crude rose by $1.01 to settle at $51.53 a barrel, reversing a near $1 decline from earlier in the day. Brent decreased 47 cents to close at $60.55 a barrel, after slipping more than $1.50 earlier.
read more... 05/03/2015
Czech Republic against carbon market reform before 2021
The Czech Republic opposes to hastening reform of the EU Emissions Trading System (ETS), but would sustain putting additional allowances into a reserve the European Commission has suggested as a possibility of consolidating the price of carbon allowances.
read more... 05/03/2015
RWE to maintain dividend steady in 2014
RWE will pay a steady dividend of 1 euro ($1.12) per share for 2014, reducing worries that the utility may diminish its pay-out as a result of the sector's crisis, as stated by a source familiar with the matter on Tuesday.
read more... 04/03/2015