Latest news
EDF: French government says no to suspending ARENH mechanism
Bad news for EDF. The government will not allow utility EDF to suspend the ARENH mechanism under which it is required to sell part of the nuclear power it produces to its competitors.
read more... 26/10/2016
Bulgaria to pay compensation to Russian Atomstroyexport for ditched nuclear project
Bulgarian state energy company NEK said on Wednesday that is ready to pay about 600 million euros to Russia's Atomstroyexport for the equipment already manufactured for the scrapped Belene nuclear power plant project.
read more... 26/10/2016
Siemens awarded five onshore wind projects in its native country
Siemens was awarded five new contracts in its native country Germany to supply 23 of its direct-drive turbines.
read more... 26/10/2016
Daily: WTI crude settle below $50 for the first time in a week as OPEC plan is expected to fail
Crude oil prices lost ground on Tuesday, with WTI ending below $50 a barrel for the first time in just a week, dragged down by the possibility that OPEC ‘s plan to slash output will fail after Iraq showed unwillingness to participate in the proposed deal. WTI crude for December delivery crude lost 56 cents, or 1.1%, to end at $49.96 a barrel on the New York Mercantile Exchange. That was the lowest settlement and first finish below $50 since October 17. Brent crude for December delivery fell 67 cents, or 1.3%, to settle at $50.79 a barrel on London’s ICE.
read more... 26/10/2016
IEA gives an upbeat forecast for renewable energy growth
The International Energy Agency (IEA) has increased its forecast for renewable energy growth over the next five years.
read more... 25/10/2016