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Polish and Ukrainian transmission system operators achieve feasibility study for gas link
The Polish and Ukrainian transmission system operators (TSO) – Gaz-System and Ukrtransgaz - have accomplished the feasibility study for the interconnection integrating transmission systems of both countries.
read more... 20/10/2015
Daily: Europe spot power prices up on stronger demand, lower French nuclear capacity
Crude oil declined by about 4% on Monday, dragged down by a decrease in gasoline futures which added to pressure to a weakening market due to a slower growth in China and signs that Iranian oil will return to the market soon after the signature of its nuclear deal. The dollar appreciation and a weaker equity market on Wall Street weighed on the petroleum complex. Brent crude fell $1.85, or 3.7 percent, to settle at $48.61 a barrel. WTI crude lost $1.37, or 3 percent, to close at $45.89, in lighter volume ahead of Tuesday's expiry for November spot contract.
read more... 20/10/2015
UK Solar Trade Association unveils rescue plan for renewables
British Solar Trade Association (STA) unveiled an emergency plan to rescue renewables, which it says would add just £1 to consumer bills by 2019, from the £9 a year that clean technology subsidies cost for bill payers.
read more... 19/10/2015
Germany: EnBW to become third largest gas provider after E.ON and Wingas
Germany utility EnBW has inked a deal to acquire a 74% stake in gas firm Verbundnetz Gas Aktiengesellschaft (VNG) from German energy company EWE, for €1.43bn ($1.63bn), becoming the country's third-largest gas provider after E.ON and Gazprom's Wingas.
read more... 19/10/2015
Austria’s OMV to be hit with charges of €1bln due to a collapse in oil prices
Austria’s OMV has revised its oil price assumption for next years and decided to take special charges in the third quarter of the year of around €1billion ($1.1 billion) in its upstream business.
read more... 19/10/2015