The Swiss government proposed on Thursday to reduce the maximum fee that hydropower utilities pay for water use to mountainous cantons by almost 38%. For a transition period from 2020 to 2022, 80 utilities will pay for water use only 80 Swiss francs ($82.32) per gross kilowatt usage from existing 110 francs.
read more... 23/06/2017
Norway’s Gjoea oil and gas field will stay closed until the source of gas leak the obliged operator Engie to stop production on Wednesday has been found, according to the French company.
read more... 22/06/2017
Vattenfall might enter the UK domestic energy market as it acquires a Bournemouth-based supplier. iSupplyEnergy provides gas and electricity to over 120,000 users and employs 170 people.
read more... 22/06/2017
The European Commission has consented Danish state aid estimated at DKK57 million (£6.74m) to transform a cogeneration plant from coal to biomass.
read more... 22/06/2017
Oil prices ended down on Wednesday, due to global crude glut, being set for the biggest price decline in the first half of any year for the past two decades.
read more... 22/06/2017