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Daily: European power prices at 8-year low as fuel prices fell
Brent crude oil closed near $100 a barrel on Thursday, trading close to two-week lows reached in the previous sessions, dragged down by intensifying worries about the U.S. and Chinese economies which clouded the outlook for oil demand from the top two consumers.
read more... 03/05/2013
Poland is working on plans for its first nuclear power plant
Poland wants to reduce its dependence on highly polluting coal and expensive Russian gas imports, so it is working hard on its program for introducing nuclear power in its energy mix. At present it is highly dependent on coal, which provides around 90% of the country’s energy.
read more... 03/05/2013
Red Eléctrica: Renewables hit 54% of Spain’s electricity mix in April
Renewables accounted for 54%of Spain’s electricity mix in April, thus setting a new record for a second month in a row, according to figures released by the Spanish grid operator, Red Eléctrica de España (REE).
read more... 03/05/2013
European power trading volumes uncertain after the 2012 drop
Trading volumes in Europe's major wholesale power markets dropped 12% in 2012, and nearly four months into 2013 the direction of the market is too uncertain to predict. Trading volumes dropped to 8,534 TWh in 2012 in France, Germany, Italy, the Netherlands, Spain, Britain and the Nordic region from 9,645 TWh in 2011, according to estimates.
read more... 02/05/2013
Italy now has 16.9 GW of PV capacity installed
According to Italian energy agency Gestore dei Servizi Energetici (GSE), last month Italy added 170 MW of new PV capacity. This compares to about 214 MW registered in March and 126 MW for February. The GSE states this brings Italy’s total solar PV installed capacity to 16.9GW.
read more... 02/05/2013