Latest news
Czech power group CEZ to sell 300 MW contracts annually.
Czech power group CEZ is in negotiations for long-term contracts with investment banks concerning the pre-sale of its electricity output coming from coal-fired power plants.
read more... 19/11/2010
Daily Market Update, Thursday, November 18, 2010
Oil price increased on Thursday, due to less worries on Ireland's debt crisis and to a sudden decrease in crude stocks which pushed up prices. At 10:28 GMT, U.S. December crude contract increased at $81.79 per barrel, while ICE Brent climbed to $84.67 per barrel.
read more... 19/11/2010
Nord Stream will start to supply gas by the end of 2011.
Half of the first part of Nord Stream pipeline in the Baltic Sea has been completed. This pipeline will supply Russian gas directly to Germany and EU. More than 600 km of the sub-sea pipeline has been built already and the natural gas supplies from Russia to the EU can probably begin at the end of 2011.
read more... 18/11/2010
Iberian power prices decrease.
Iberian wholesale spot power prices have decreased on Tuesday as forecasts show that cheap supplies of wind power would increase.
read more... 18/11/2010
EU could miss one of its 2020 targets.
Europe could miss the achievement of its target of 20% of generated energy from renewable in the next 10 years, because of lack of financing.
read more... 18/11/2010