Latest news
European Investment Bank injects 125 million euros in Icelandic 90MW geothermal plant
European Investment Bank (EIB) has inked a EUR 125 million loan agreement with Landsvirkjun, the National Power Company of Iceland, to finance a new geothermal power station and its geothermal wells at Theistareykir, near Husavik in northeastern Iceland.
read more... 13/06/2016
Dong Energy valued at $15bn in Europe’s biggest listing
Dong Energy, the Danish company that owns offshore wind farms around the UK, was valued at $15bn, confirming its place as one of the leading players in the European energy market.
read more... 10/06/2016
IEA sees reduced global gas demand increase to 2021
Increase in natural gas demand will reduce to an average 1.5 percent a year worldwide through 2021, since stagnation in Europe and doubts about Chinese consumption offsets robust growth in India, as stated by the International Energy Agency (IEA) on Wednesday.
read more... 09/06/2016
TenneT launches the second tranche Green Bonds for offshore wind connections
European electricity transmission system operator (TSO) TenneT successfully launched its second Green Bond worth €1bn for investing in the transmission of renewable electricity from offshore wind farms to the onshore electricity grid.
read more... 09/06/2016
Daily: European spot electricity prices firm, while forwards decline tracking weaker coal
Crude oil futures boosted on Wednesday, attaining 2016 highs above $50 a barrel and closing up for a third consecutive day on worries about sabotage oil facilities in Nigeria, although an increase in U.S. gasoline inventories amid peak summer demand could drag down prices. Brent crude rose by $1.07 to end at $52.51 a barrel. It prolonged gains in post-settlement trade, hitting $52.60 a barrel by 3:55 p.m. EDT (1955 GMT), and the highest level since October. WTI crude futures climbed 87 cents, or 1.7 percent, to close at $51.23 a barrel. The session peak was $51.34, the highest level since July.
read more... 09/06/2016