Latest news
Daily: British natural gas prices increase on nuclear plant outages, weak power output
Crude oil prices dropped more than $2 a barrel on both sides of the Atlantic on Thursday, dragged down by bearish economic data insinuating weakening oil demand and solid supplies. Brent crude for delivery in September closed down $2.27 at $102.01 after plunging to a low of $101.92, the lowest level since July 2013. Brent crude for October delivery fell $2.99 to settle at $102.07.
read more... 15/08/2014
Ireland: Wind farms could help slash energy bills
Ireland is an excellent location for developing both onshore and offshore wind farms, due to its favorable climate, and the wind speed means that there are many wind farm sites which offer a high capacity factor for generation. The country has one of the greatest wind energy resources in Europe and it is important to exploit them efficiently, so as to create jobs and bring benefits to communities.
read more... 14/08/2014
Germany: RWE to mothball another 1, 000 MW of capacity
RWE AG, Germany’s second-largest utility, decided to mothball 1, 000 MW of plant capacity, citing low demand for electricity which made the plants unprofitable.
read more... 14/08/2014
European Commission approves the Czech renewable energy scheme
The European Commission has approved state subventions for the Czech Republic’s new renewable energy subsidy scheme, saying they are in line with the EU state aid legislation.
read more... 14/08/2014
Daily: European power prices decline on sunnier weather
Brent crude increased by about $1 per barrel in a nervous trading on Wednesday, rebounding from a 13-month low as traders are continuing to worry about potential supply disruptions due to turmoil in Iraq and Libya. U.S. crude prices climbed as crude oil stockpiles increased 1.4 million barrels the previous week.
read more... 14/08/2014