Latest news
EC gives the greenlight to Siemens-Gamesa wind merger
The European Commission's competition department gave the green light to Siemens' proposed takeover of Spanish manufacturer Gamesa.
read more... 14/03/2017
Daily (14.03.2017): French spot power prices surge by 17% on higher demand
Crude oil prices posted modest changes on Monday, remaining under pressure from U.S. stocks which rose to record levels.
read more... 14/03/2017
UK: Offshore wind power subventions likely to fall below nuclear
Subsidy costs for British offshore wind farms might drop below those of new nuclear plants in next month's government auction, German company Siemens' Britain's government is under pressure to bring down consumers' power costs at the same time as supporting low-carbon generation to aid satisfy its carbon emission reduction goals and plug a forthcoming supply gap.
read more... 13/03/2017
Innogy promises higher-than-predicted dividend
Innogy, Germany's biggest energy group, on Monday promised shareholders a dividend somewhat above market expectations, a boon for its struggling parent which continues to suffer from losses at its power plant division.
read more... 13/03/2017
Daily (13.03.2017): Oil slumps to three-month lows on rising U.S. rig count
Crude oil prices eroded gains on Friday, pushing prices to three-month lows on worries that OPEC-led production cuts have not yet reduced a global oversupply of crude.
read more... 13/03/2017