Latest news
Germany will begin the transfer to coal power reserve in winter 2016
German utilities RWE, Vattenfall and Mibrag will begin cutting their coal-fired electricity production at the start of winter 2016, transferring this capacity instead to the country's power reserve as part of a plan to reduce carbon emissions, as stated by the government.
read more... 26/10/2015
Rentel choses Siemens giants for supply and installation of 42 wind turbines
Rentel has selected Siemens as its favorite bidder for the supply and installation of 42 of wind turbines at the 294MW offshore wind farm off the coast of Belgium.
read more... 26/10/2015
Daily: Crude oil prices end down on Baker Hughes oil rigs report
Crude oil prices settled lower on Friday, after Baker Hughes said that the number of active oil rigs in the U.S. was down by just one this week. Brent crude pared some losses after the announcement. It declined by 6 cents to settle at $48 a barrel. It was on track to hit a weekly decline of about 5 percent. U.S. crude for December delivery ended down 1.7 percent, at $44.60 a barrel.
read more... 26/10/2015
Gazprom choses Linde as associate for LPG exports terminal
Russian natural gas exporter Gazprom has chosen Germany's Linde as a partner to construct a liquefied petroleum gas (LPG) export terminal in the Russian Far East, as stated by a Linde representative.
read more... 26/10/2015
Germany: 4,600 of 6,500 MW offshore grid connection capacity finalized – offshore surcharge stable
The offshore transmission system operators 50Hertz and TenneT have finalized offshore grid connections with a capacity of more than 4,600 MW in the North Sea and the Baltic Sea. That brings the offshore grid development closer to the EEG expansion objective of 6,500 MW for offshore wind by 2020.
read more... 23/10/2015