Latest news
France unveils 10-year energy plan, eyes 113 GW of renewables
The French government last week published a draft 10-year energy plan that would see its installed renewables capacity more than double to 113 GW by 2028, mainly by fresh wind and solar power additions.
read more... 29/01/2019
Romania’s Transgaz gets EUR 138 mln loans from EIB for key pipeline projects
Romania’s natural gas transport company Transgaz announced on January 25 that it sealed the documents for a EUR 100 million loan from the European Investment Bank (EIB) for bringing Black Sea offshore gas to the BRUA (Bulgaria-Romania-Hungary-Austria) pipeline and the national gas system.
read more... 29/01/2019
Daily (28.01.2019): European spot power prices plunged by over 20% due to milder weather and lower consumption
Oil prices were slightly up on Friday, as Venezuelan exports could face potential sanctions from U.S. amid political unrest in Caracas, raising the prospect of reduced crude supply. However, worries over U.S.-China trade dispute and growing U.S. fuel stocks put a lid on prices. As a result, Brent crude added 0.9% to settle at $61.64 a barrel, while WTI futures rose 1.1% to $53.69 a barrel.
read more... 28/01/2019
Portugal's wind power hits 102 GWh in a day, breaks peak generation record
Wind power production in Portugal hit a peak of 101.9 GWh on January 23, surpassing the previous national record, data from the Portuguese power utility Redes Energeticas Nacionais (REN) shows.
read more... 28/01/2019
Albania and Shell drop plans to drill for oil in protected area
The Albanian government and the local subsidiary of Royal Dutch Shell have dropped plans to search for oil in a protected area in the southern Albanian region of Gjirokaster as part of drillings in Block 4.
read more... 28/01/2019