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Daily (20.03.2017): European year-ahead power prices diverge on lower carbon, stronger coal prices
Crude oil prices were mainly flat on Friday, posting minor gains for the week, but speculators considerably cut long positions on worries that an OPEC production reduction was failing to slash a global supply glut.
read more... 20/03/2017
E.ON: Rampion Offshore Wind Farm achieves its final phase
The first from 116 wind turbines was installed last week at E.On's Rampion Offshore Wind Farm, marking the beginning of the last phase of the project launched in the English Channel, nearby Sussex.
read more... 17/03/2017
Siemens supplies power turbines to Russian company Technopromexport
Germany's Siemens supplied four gas turbines to Technopromexport’s power plant in Russia.
read more... 17/03/2017
EU legislators give the green light for Arctic oil exploration
European lawmakers voted against a non-binding motion to prohibit oil and gas exploration in the Arctic.
read more... 17/03/2017
Daily (17.03.2017): German spot power down 17% on anticipated increase in wind power
Crude oil prices retreated on Thursday despite a support from weaker dollar, being pressured by U.S. crude stockpiles near record high levels, intensifying concerns if OPEC-led output cuts will be able to reduce a global glut.
read more... 17/03/2017