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European diplomats support proposal to reform carbon market in 2019

EU diplomats have agreed on the proposal to start reforming the carbon market in 2019, according to declarations made by Latvia, which is the current holder of the European Presidency.

read more... 14/05/2015

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German conventional power loses ground to renewable energy

North Rhine-Westphalia, the German state which hosts utilities RWE AG and EON SE and has one-third of Germany’s installed conventional power capacity, is losing its status as the country’s powerhouse as wind and solar energy begin to eclipse conventional sources.

read more... 14/05/2015

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Daily: European spot power prices decline on the eve of holiday in France, Germany

Crude oil prices declined after a 3 % rally o Wednesday as concerns about robust supplies have an impact on the market despite a second consecutive week of draws in U.S. crude. North Sea Brent closed at $66.81, down 5 cents. It had jumped to $68.17 earlier. WTI crude futures fell 25 cents to settle at $60.50 a barrel, after soaring to $61.85.

read more... 14/05/2015

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India to get a loan of $1.1 bln from German bank KFW to support solar energy

German development bank KFW will offer a $1.1 billion credit to India to support rooftop solar installations, said the secretary at the Ministry of New and Renewable Energy.

read more... 13/05/2015

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Poland: PGE and Gaz-System to develop a power-to-gas conversion plant

PGE, the largest power producer in Poland and gas grid operator Gaz-System will cooperate to jointly develop the country's first power-to-gas conversion facility, which will turn the electricity produced at wind farms into gas.

read more... 13/05/2015

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