After a one-year period of construction, E.ON’s Amrumbank West offshore project is taking form. On Sunday, the installation of the first of 80 turbines has been done successfully at the construction place, 35 kilometers to the north of the island of Helgoland.
read more... 12/02/2015
Europe deals with higher instability in natural gas prices since delayed Russian gas acquirements bounce stored reserves and curbs on Dutch output tighten supply.
read more... 11/02/2015
Czech electricity producer CEZ will think about an offer for Vattenfall's lignite power plants in Germany and might also be interested in its hydro assets, as it stated on Thursday.
read more... 11/02/2015
France and Italy will turn into the latest countries in Europe to connect their day-ahead power markets in February, as stated by French regulator CRE on Tuesday, aiming at better pricing electricity across Europe and diminishing supply risks.
read more... 11/02/2015
Crude oil prices tumbled declined for the first time in four sessions on Tuesday after the International Energy Agency (IEA) warned that solid supplies will increase global stockpiles before investments cuts started to considerably sap production. Brent crude for March delivery dropped by $1.91, or 3.3 percent, to settle at $56.43 a barrel, having slipped as low as $56.11. WTI March crude futures fell $2.84, or 5.37 percent, to close at $50.02 a barrel, after declining to $49.86.
read more... 11/02/2015