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Italy studies power bill reductions to aid companies

The Italian government thinks about measures to reduce energy bills in a move intended to make more competitive the nation's small- and medium-sized businesses and to support jobs, as described in slides viewed by Reuters.

read more... 16/05/2014

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France published a decree to impede foreign takeovers of strategic companies

The French government has proclaimed a decree permitting it to impede any foreign takeovers of French firms in "strategic" industries, such as energy, transport, water, telecommunications and health sectors, this way putting up a barrier to General Electric's intended $16.9 billion offer for Alstom's energy assets.

read more... 15/05/2014

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Britain: solar power subsidy scheme to be stopped earlier

Subsides for new solar power plants in Britain might be probably ended two years earlier than anticipated in order to avoid the costs increase, as stated by the government on Tuesday.

read more... 14/05/2014

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Germany: warning of the medium-sized groups on high-energy costs

The mid-sized industrial conglomerates in Germany warned on Monday that elevated energy costs generated by the country's move towards renewable power would damage their competitiveness over the next two years and appealed to the government to put a restriction on prices.

read more... 13/05/2014

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Daily: European spot power prices spurred by tight thermal capacity, healthy demand

U.S. crude futures posted a modest fall on Friday after U.S. government data on Wednesday showed a drop in crude supplies last week for the first time since late March, even if total supplies are still at record highs. Meanwhile, Brent crude inched down as traders were pending for further developments in the Ukrainian crisis.

read more... 12/05/2014

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