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Nearly 90% of all new power in Europe came from renewables in 2016, eclipsing coal

Nearly 90 percent of new energy capacity added to the grid across the European Union in 2016 came from renewable sources, according to a report published by a wind industry group.

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Daily (10.02.2017): German spot power prices plunge 23% on strong wind output

Crude oil prices extended gains on Thursday with U.S. prices climbing on data that gasoline demand could bolster in the world's biggest oil market, although robust crude supplies meant that fuel markets remain under pressure.

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Eni launches production at Angola’s East Hub

Italian oil and gas company Eni and its partners commenced production five months ahead of schedule at its East Hub Development Project, offshore Angola.

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Russia ratifies Turkish Stream Pipeline deal

Russian President Vladimir Putin has inked a federal law on ratification of the agreement between Moscow and Ankara on building Turkish Stream pipeline.

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UK: Energy supplier switches up 31% in January

Over 345,000 customers moved to a different supplier in the first month of 2017 in the UK, an increase of 80,000, or up 31% on last year, according to new data from Energy UK, illustrating a trend of increasing switching levels, with January’s figures higher than those registered in the last three years.

read more... 09/02/2017

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