Latest news
Germany rejects EU plan for surcharge on industry for renewable energy
Germany has rejected as undesirable European Commission plans to make industrial companies producing their own electricity pay a levy to aid fund a transition to green energy, as indicated in an economy ministry paper.
read more... 18/02/2016
Serbia: day-ahead power exchange starts trading
Serbia's day-ahead power exchange SEEPEX started trading on Wednesday since the Balkan nation continues with plans to completely liberalize its energy market and make it more transparent.
read more... 18/02/2016
Daily: Oil recovers 7% as Iran hails output freeze
Crude oil prices rebounded 7 percent on Wednesday after Iran announced it will support any effort to stabilize oil prices, including Russia- Saudi move to freeze production to deal with the market glut that dragged down prices to their weakest level in a dozen years. Brent rose by $2.32, or 7.2 percent, to settle at $34.50 a barrel. U.S. crude boosted $1.62, or 5.6 percent, to close at $30.66 a barrel.
read more... 18/02/2016
Norwegian Statoil to create $200m green energy fund
Norwegian energy giant Statoil has launched $200m (NOK 1.7bn) venture capital fund to invest in renewable energy sector.
read more... 17/02/2016
Europe is missing 118 bln euros in funds for nuclear exit
Europe needs more than 118 billion euros ($132 billion) to dismantle its nuclear plants and manage nuclear waste storage, shows a European Commission working paper.
read more... 17/02/2016