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Cyprus receives four offers for temporary gas supplies

Cyprus has obtained four offers to provide the island with natural gas, a provisional solution for electricity generation before its own reserves appear, as stated on Monday by state company DEFA.

read more... 15/04/2014

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Daily: European spot electricity prices jump on colder weather, weaker wind power supply

Brent crude oil boosted more than $1.50 on Monday as violence intensified in Ukraine and as Western powers decided to expand sanctions against Russia, while U.S. crude posted a modest gain on positive retail sales figures that gave assign that U.S. economy is rebounding.

read more... 15/04/2014

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French court enacted backdated electricity price increases for households

Approximately 29 million French households and small businesses deal with a retrogressive increase in their power bills after the country's administrative Supreme Court annulled on Friday a 2012 ceiling on raises to regulated electricity prices. The pronouncement is applicable to power bills between August 2012 and August 2013.

read more... 14/04/2014

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Fortum: Norwegian power distribution business likely be sold to Hafslund

Finnish utility Fortum declared on Wednesday it intends to vend its Norwegian electricity distribution business and its share in Fredrikstad Energi and Fredrikstad Energi Nett to Hafslund based in Norway.

read more... 09/04/2014

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Alpiq purchases UK’s Flexitricity to have access to power management market

Swiss energy firm Alpiq declared on Tuesday it had bought British electrical service company Flexitricity, since it want to tap into electricity demand management market.

read more... 08/04/2014

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