Latest news
Shell to purchase 100% of electricity from its own Dutch offshore windfarm
Shell Energy Europe Ltd, which is a subsidiary of oil and gas giant Royal Dutch Shell, has signed an offtake deal for 100% of the electricity generated by the 108-MW Egmond aan Zee offshore wind farm in Dutch waters.
read more... 16/12/2016
Daily: European spot electricity prices diverge, with German contract up amid lower winds forecasts
Crude oil prices ended little changed on Thursday after hesitating the whole session between the negative influence of a strengthening dollar and the persistent speculation of a consequent decrease of the supply following the OPEC’s agreements. Brent futures for February delivery rose by 12 cents, or 0.2 percent, to settle at $54.02 per barrel, while U.S. crude lost 14 cents, or 0.3 percent, to settle at $50.90, its lowest level in a week.
read more... 16/12/2016
ERBD to grant $135m loan to enhance power distribution in north-western Turkey
The European Bank for Reconstruction and Development (EBRD) is extending $ 134.75m loan to three Turkish electricity companies, the Trakya Electricity Distribution Company (TREDAŞ), the Trakya Electricity Retail Company (TREPAŞ), and to their parent company, IC İçtaş Elektrik (ICEL), as part of its moves to enhance reforms in the country’s electricity sector.
read more... 14/12/2016
The European Commission approves Belgian offshore renewables support scheme
The European Commission authorized on Thursday Belgium's plans to support electricity generation from offshore renewable energy, stating that they comply with EU state aid rules.
read more... 09/12/2016
EBRD to grant €400 million for small-scale renewable energy projects in Turkey
The European Bank for Reconstruction and Development (EBRD) has announced that it will grant a new €400 million financing package for small-scale renewable energy and resource efficiency projects in Turkey.
read more... 07/12/2016