Latest news
Germany: Green electricity levy up 715% compared to 2006 level
Economy Minister Gabriel now increases the EEG levy, meaning that on consumers and the economy come higher costs of electricity.
read more... 15/10/2015
EDF and Chinese partners on the edge to conclude Hinkley Point nuclear deal
EDF and Chinese partners are on the edge to conclude a deal to build the Hinkley Point nuclear power plant and are preparing to ink a heads of terms agreement during next week’s visit by Chinese president Xi Jinping in Britain.
read more... 15/10/2015
Daily: European forward power prices decline on weak fundamentals
Crude oil prices settled down on Wednesday and continued to decline in the post-settlement trade on worries about an intensifying oversupply kept crude under pressure this week, compensating recent views that falling U.S. production would spur prices. WTI crude shed 2 cents to close at $46.64. Global crude benchmark Brent eased 9 cents to close at $49.15 then declined 46 cents in post-settlement trade.
read more... 15/10/2015
Poland: PGE inaugurates first solar power plant
Poland's major electricity producer PGE has begun operating its first solar power plant as part of a plan to generate more power from green sources, as stated by the company on Wednesday.
read more... 15/10/2015
E.ON sells Norwegian E&P activity for $1.6 billion to DEA Deutsche Erdoel AG
E.ON has inked an accord to sell 100 percent of its shares in E.ON E&P Norge AS (E.ON E&P Norge) to DEA Deutsche Erdoel AG (DEA). The deal is valued at $1.6 billion, counting $0.1 billion of cash on the balance sheet. It is expected to close by the end of 2015, since it is subject to normal regulatory approvals.
read more... 15/10/2015