Germany's renewables levy, the EEG surcharge, is expected to rise slightly from 6.41 cents per kilowatt-hour (kWh) this year to between 6.5 and 6.7 in 2020, according to calculations by think tank Agora Energiewende*. The main reasons for the expected rise are increasing wind power capacity and a declining balance in Germany’s “green energy account”, writes Agora Energiewende.
read more... 22/08/2019
Ukraine's largest producer of power from fossil fuels, DTEK, will import at least 400,000 mt of coal from Colombia within the next few months, Maksym Tymchenko, DTEK general manager, said Tuesday.
read more... 22/08/2019
Sberbank, Russia's state-owned banking and financial services company will provide a $400 million loan for the construction of Turkey's Akkuyu nuclear power station, the bank announced on Wednesday.
read more... 22/08/2019
Crude oil prices were rather steady on Tuesday. Brent crude inched up by 0.5% to $60.03 as tensions between U.S. and China eased. However, WTI futures dropped by 0.1% to 56.13 amidst continued concerns over global demand.
read more... 21/08/2019
The Moldovan government is interested in importing Russian gas through the TurkStream pipeline and has discussed the issue with Gazprom officials, the country's Economy Minister Vadim Brinzan said today.
read more... 21/08/2019