Latest news
France is ready to launch its first offshore wind farm.
The construction of the first offshore wind farm in France is expected to start at the end of 2010, after being delayed for many years because of difficult authorization procedures.
read more... 09/11/2010
EU is sure that gas transit crisis seen in winter 2009 will not be repeated.
All the necessary measures have been taken by EU in order to avoid any gas transit crisis for the 2010-2011 winter period, as the one seen in January 2009, according to Guenther Oettinger, EU Energy Commissioner.
read more... 09/11/2010
Daily Market Update, Monday, November 08, 2010
Oil prices were up on Monday, registering a sixth consecutive increase, reaching a two-year peak above $87 per barrel, on worries regarding inflation following the monetary stimulus of the Federal Reserve Bank in order to sustain oil.
read more... 09/11/2010
CEZ cuts investment by a fifth as prices fall
On Tuesday, Czech power group CEZ stated to have reduced the investments envisaged for 2010-2014 by 78 billion crowns ($4.41 billion), concentrating on its home market, mainly on its biggest acquirement project regarding the development of its Temelin nuclear power plant.
read more... 09/11/2010
Italy is about to build its first nuclear plants
On Friday, Italy announced the establishment of a new nuclear safety agency as to reinstate the country's nuclear power, after it was rejected in 1987 after the Chernobyl disaster in Ukraine, being seen risky and pricey.
read more... 08/11/2010