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Wind parks of Spain set a new daily generation record

On Tuesday, wind parks of Spain, the fourth largest in the world, hit a fresh daily generation high, representing 40 percent of the national power demand, according to the grid operator REE.

read more... 07/05/2010

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Recovery of the European energy demand

Energy demand in Europe has recovered in the period of 2009-2010, caused by the economic crisis, when gas and electricity demand reduced.

read more... 07/05/2010

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Oil price stable at $80

On Thursday, oil prices hold around $ 80 per barrel, as a consequence of the U.S. worries over Greece’s economic situation.

read more... 06/05/2010

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Galp’s profit increased

Portuguese fuel and oil company, Galp Energia, registered a 32 % increase in adjusted first-quarter net profit because of the fact that refining volume and crude production increased, despite all expectations.

read more... 06/05/2010

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Spanish water reserves to new 12-year highs

According to the Ministry of Environment and Rural Affairs data from Tuesday, hydroelectric reservoirs have risen to the highest levels since 1998, enough to generate 16.671 GWh, having risen 44 GWh since last week.

read more... 05/05/2010

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