Poland is eyeing merging its four biggest utilities into two companies to consolidate state-controlled power producers to help them compete with larger European rivals, while supporting the country’s dwindling coal industry, according to Treasury Minister Wlodzimierz Karpinski.
read more... 15/01/2015
GDF Suez, one of the industry leaders in renewable energy investment, plans to double its power generation capacity from renewable sources in Europe over the next decade and wants to focus particularly on marine energies.
read more... 14/01/2015
RWE Innogy, the renewable arm of Germany utility RWE, has invested in the seventh wind farm in Poland and expects to connect this project to the country’s electricity grid by the end of this year.
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French Energy Minister Segolene Royal still believes in nuclear power exit, but in a gradual way.
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Crude oil decreased 5 percent to near six-year lows before rebounding on Tuesday as some traders moved to take benefits of large storage space in the United States. Brent dropped by 84 cents to settle at $46.59 a barrel, after slipping to $45.19, its weakest level since March 2009. U.S. crude declined by 18 cents at $45.89, after striking an April 2009 low of $44.20.
read more... 14/01/2015