Latest news
Germany declares has secured back-up electricity for next winter
Germany has secured the estimated 5,400 megawatts (MW) of back-up electricity it requires for the coming winter to deal with supply variations and demand peaks, as stated by the energy regulator on Monday.
read more... 03/05/2016
Daily: Oil losses 3 percent on OPEC production rally, record speculative buying in Brent
Crude oil prices declined about 3 percent on Monday as the output from the Organization of the Petroleum Exporting Countries approached all-time highs and record speculative buying in international benchmark Brent triggered profit-taking on last month's considerable hike. Brent crude for July delivery lost $1.54, or 3.3 percent, to settle at $45.83 per barrel, touching a session low at $45.72. WTI fell $1.14 cents, or 2.5 percent, to close at $44.78 a barrel, after attaining an intraday low at $44.54.
read more... 03/05/2016
EU offers a loan of £500 million to sustain UK water projects
The European Investment Bank (EIB) has decided to offer £500 million to back water and wastewater projects in the UK.
read more... 03/05/2016
Finland builds country’s largest PV plant by leasing the arrays panels to customers
Finland’s largest solar power plant so far, located in Kivikko, Helsinki, which became operational in mid-April, increased the country’s solar power production by 10 percent.
read more... 03/05/2016
EDF, Edison, Gas Natural and Centrica interested in acquiring a large share in Eni's retail gas and power business
European giant utilities French EDF’s, Italian unit Edison, Spain's Gas Natural and Britain's Centrica are interested in acquiring a share in Italian oil major Eni's retail gas and power business, a deal that could cost up to $3.4 billion.
read more... 29/04/2016