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Daily (02.06.2017): British wholesale gas prices fell on Thursday, on lower demand
Oil prices increased on Thursday after a larger-than-expected domestic inventory drawdown, offering some relief amid investor uncertainty that OPEC-led reductions will be sufficient to rebalance an oversupplied market. Brent crude rose by 32 cents, or 0.64%, to settle at $50.63. Meanwhile, U.S. crude futures closed cents higher at $48.36 a barrel.
read more... 02/06/2017
Daily (31.05.2017): European power curve prices hit their peak in three months on Tuesday
Oil prices plunged by around 1% on Tuesday, on signs of resurgent crude production in Libya and worries that extended output cuts might not be sufficient to drain a global glut.
read more... 31/05/2017
Germany: Energy leaders are hesitant to adopt renewable energy
Decision makers in Germany’s energy sector back the move to a low carbon system but hesitate to implement measures themselves, according to a green energy company, which surveyed 1,000 respondents about their attitudes concerning energy policy problems and their desire to invest in clean gas and electricity.
read more... 31/05/2017
Nordex inks two power acquisition contracts in India
Nordex has inked electricity purchase agreements with the Indian state of Karnataka for two of the German wind turbine producer's parks, as told by its chief executive to shareholders at the group's annual general meeting on Tuesday.
read more... 31/05/2017
India abandons 14GW of coal as solar price drops
India has annulled plans to install approximately 14GW of coal generation as solar prices drop.
read more... 31/05/2017