Latest news
Spain wind energy reaches 60.5% demand
According to national grid manager REE, Spain’s wind parks provided a record 60.46 percent of demand for power early on Monday, following a windy weekend that pushed wholesale power prices to their lowest levels in more than two years.
read more... 18/04/2012
Ireland launches a new €500million project to upgrade the electricity grid
EirGrid, the state-owned electric power transmission operator in Ireland, revealed a €500m power line project, called Grid Link Project, implying the development of a new power line linking Leinster and Munster in Ireland.
read more... 18/04/2012
EDF to enter the Moroccan wind market
The consortium led by EDF Energies Nouvelle, the renewable arm of the French giant EDF, in association with Mitsui & Co. Ltd, were selected by Morocco’s national electricity office, Office National d’Electricité (ONE) to develop a 150 MW wind farm located to the east of Fes, northern Morocco.
read more... 18/04/2012
Daily – U.S. crude retains big gains in post settlement trading
U.S. crude oil futures retained big gains in post-settlement trading on Tuesday even if industry data indicated that domestic crude stocks increased 3.4 million barrels previous week, against a forecast in a Reuters poll showing an increase of 1.4 million barrels. By 20:34 GMT, WTi crude oil for May delivery settled at 104.20 dollars a barrel, up 1.27 dollars.
read more... 18/04/2012
Vattenfall to make a major investment in hydro power
Swedish power company Vattenfall revealed its plans to invest SEK13bn ($1.9bn) on upgrading and boosting production at its hydro power plants until 2023.
read more... 17/04/2012