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UK-Denmark power interconnector to be operational by end-2022

The first submarine power interconnector between Denmark and Britain is expected to be operational at the end of 2022, later than previously expected, according to the declarations made by grid companies.

read more... 23/10/2015

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Daily: European spot power prices diverge, with German up and French declining

Crude oil prices edged higher on Thursday, spurred by a hike in gasoline and technical charts calling for stronger prices slashed by concerns about high U.S. crude stockpiles. Brent crude rose by 23 cents, or 0.5 percent, to settle at $48.08 a barrel. WTI crude boosted 18 cents, or 0.4 percent, to close at $45.38.

read more... 23/10/2015

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China will purchase 33.5% stake in EDF’s Hinkley Point C nuclear facility in UK

China General Nuclear Power (CGN) has inked an investment deal with EDF for the building and operation of the suggested Hinkley Point C nuclear power station in Somerset, the country’s first new nuclear plant to be constructed in more than 20 years.

read more... 23/10/2015

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Google will purchase stake in 310MW Lake Turkana wind farm in Kenya

Google has inked a deal to purchase 12.5% stake in the 310MW Lake Turkana wind farm in Kenya, from Danish wind turbine producer Vestas upon conclusion.

read more... 22/10/2015

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Europe’s greenhouse gas emissions plunge 23% on 1990 levels

Carbon dioxide emissions have dipped to a record-low, while the EU’s economy continues to bolster, according to a report unveiled by the European Environment Agency (EEA).

read more... 22/10/2015

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