Latest news
France inaugurates capacity mechanism to guarantee against blackouts
France will institute a market in power generation capacity in April to ensure there are no blackouts during periods of peak electricity consumption, as stated by grid operator RTE on Tuesday.
read more... 25/03/2015
EU carbon market emissions declined by 3.7% in 2014
Emissions limited by Europe's carbon market dropped by 3.7 percent in 2014, incited by higher production from renewable electricity generators and lower power consumption, as stated by analysts at Thomson Reuters Point Carbon on Wednesday.
read more... 19/03/2015
EDF 2014 net profit increased by 5.2% on strong nuclear production
French power utility EDF declared on Thursday net income increased by 5.2 percent to 3.70 billion euros since production at its nuclear plants surpassed projections and despite a drop in electricity consumption because of mild weather.
read more... 12/02/2015
Daily: European prompt power prices fall on strong wind supply, lower consumption
Brent crude recovered on Tuesday after a 5-year low and U.S. crude also rebounded as players were looking for a viable price for oil in a market chased by supply glut worries. Brent increased 65 cents, or 1 percent, to settle at $66.84 a barrel. U.S. crude rose 77 cents to close at $63.82 a barrel, after having fluctuated between a high of $64.20 and low of $62.25.
read more... 10/12/2014
Romania to become gas self-sufficient by 2020
Romania will have by 2020 a gas production to cover its consumption and its smaller eastern neighbor Moldova, and the nation's gas grid operator will have to invest in its infrastructure to deal with additional resources, as stated by the energy minister on Wednesday.
read more... 02/10/2014