Latest news
Gas trading volume doubled in Germany last year
According to British consultancy Prospex, German gas trading volume increased more than twice in 2009, reaching 955.2 TWh, up from 407.8 TWh in 2008, mainly due to faster merging of gas transmission zones.
read more... 07/05/2010
PPL is buying an E.ON unit
The world’s most important company by sales, Germany's E.ON, has signed a contract, concerning the selling of its Kentucky’s based unit, to U.S. PPL, for $ 6.7 billion (5 billion Euros) in cash. This deal makes PPL shares decrease by 8%, but it will increase its business mix of regulated and unregulated operations.
read more... 29/04/2010
Germany inaugurated its first offshore wind farm
First German offshore wind farm, Alpha Ventus, was inaugurated at a ceremony in Norddeich, situated 45 kilometers off the coast of the island of Borkum.
read more... 29/04/2010
Nordic power prices up
Nordic electricity forward prices increased, being caused by high power and coal prices in Germany, as well as stable prices for carbon emissions.
read more... 26/04/2010
Power prices stable in the Nordic region
On Friday, the forward prices for Nordic electricity increased, because of the high German power prices, as well as fossil fuel increased prices for coal and oil, and another factor is the cold weather.
read more... 09/04/2010