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Europe to connect 3.1GW of offshore wind capacity by the end of 2015

Europe is expected to add about 3.1 GW of offshore wind capacity by the end of 2015, with total global grid-connected offshore wind capacity standing at 12.4 GW, according new analysis released by MAKE Consulting.

read more... 10/12/2015

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Terna acquires Italian railways' electricity line assets for 757 mln euros

Italy's power grid operator Terna has decided to purchase high voltage power line assets from Italy's state railways for 757 million euros ($834 mln), reinforcing its position as one of Europe's largest electricity transmission companies.

read more... 10/12/2015

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Daily: European spot power prices evolve differently, while forwards near record lows

Crude oil prices settled lower with Brent declining more than 1% on Tuesday after collapsing near seven-year lows on worries those global oil producers will pump even more crude in an already oversupplied market. Brent decreased 47 cents to close at $40.26 per barrel, after a session low at $39.81. WTI eased 14 cents to close at $37.51, after tumbling to $36.64 earlier.

read more... 09/12/2015

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European Commission agreed to extend the Chinese solar PV duties

The European Commission agreed to requests from local solar panel manufacturers to extend curbs on Chinese imports by a year. The restrictions set a minimum sale price and cap the number of Chinese-made solar panels exported in the European Union.

read more... 07/12/2015

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EU declares Latvia should open up its gas market

Latvia should open its gas market to competition and comply with EU rules now the country can access alternative supplies, on account of a key pipeline modernization in neighbouring Lithuania, as stated by the European Commission to the Baltic state in a letter.

read more... 03/12/2015

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