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Power line project postponed, to have effect on supply in Central Norway

An important Norwegian power connection project will be postponed, which will probably lead to an insufficient electricity supply and price increases in central Norway from late 2016, as stated by grid operator Statnett.

read more... 10/07/2014

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French Alstom to deliver 36 units of ECO 122 wind turbines in Brazil

The French manufacturer Alstom inked a deal on Monday with Brazilian electricity firm Tractebel Energia, a private power generator, to deliver 36 units of ECO 122 wind turbines to Trairi II project, a wind farm located in Ceara State, Northeast of Brazil.

read more... 08/07/2014

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GDF Suez: Mirfa electricity and water agreement signed in Abu Dhabi

French utility GDF Suez declared it signed a power and water accord with the Abu Dhabi Water and Electricity Company for a period of 25 years, since it aims to capitalize on increasing demand in the area.

read more... 04/07/2014

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Bulgaria increases electricity prices, reduces natural gas

Bulgaria raised electricity prices by an average of 2 percent on Tuesday having as objective to control politically sensitive costs in spite of massive deficits in the Balkan country's energy sector.

read more... 02/07/2014

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Daily: Europe power prices diverge on higher nuclear availability in France, stronger electricity demand in Germany

Crude oil prices plunged slightly on Tuesday as worries about supply disruptions due to the clashes in Iraq and Ukraine attenuated, whereas oil prices gained some support from optimistic manufacturing data in China. Brent crude dropped by 7 cents to close at $112.29 a barrel, the weakest settlement price since June 12, while U.S. oil declined by 3 cents to end at $105.34 a barrel, also the lowest level since June 12.

read more... 02/07/2014

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