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
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
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
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
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