Latest news
Wind energy could surpass coal and gas as Europe's major power source by 2030
Wind energy might become the major source of electricity supply in the EU by 2030 if governments apply the right level of ambition in their climate and energy policies, as mentioned in the EWEA's latest report.
read more... 20/11/2015
Daily: Crude oil rebound, wiping out previous losses
Crude oil prices rebounded on Monday, wiping out previous losses, after nearing the psychologically key $40-a- barrel level. WTI crude rose $1, or 2.5%, to settle at $41.74 a barrel. Brent, the global benchmark, boosted by 9 cents, or 0.2%, to close at $44.56 a barrel on ICE Futures Europe.
read more... 17/11/2015
25 MW floating wind farm off Portugal – Europe’s second ever
EDP Renovaveis made known on Monday it has reached an agreement with four other firms to develop a 25-MW offshore floating wind project in Portugal.
read more... 17/11/2015
Poland will try to find financing for its largest coal miner
Poland will try to obtain financing for European Union's biggest coal miner Kompania Weglowa and intends to switch old mines with more efficient ones, as stated on Saturday by energy minister designate Krzysztof Tchorzewski in a newspaper Gazeta Wyborcza.
read more... 17/11/2015
Daily: European power prices evolve differently as demand spurred French prices
Crude oil prices decreased over 2% on Friday, prolonging the week’s decline to the largest in eight months, dragged down by largest amount of storage of crude. WTI crude fell $1.01, or 2.42 percent, to settle at $40.74 a barrel. It lost about 8 percent on the week, its most since March. Brent crude dropped 46 cents, or 1.04 percent, to close at $43.60 a barrel. For the week, Brent plunged nearly 8 percent, also its most since March.
read more... 16/11/2015