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Yamal-Europe gas pipeline volumes increasing after suspension

The Yamal-Europe gas pipeline, which supplies Russian gas mostly to Germany and Poland, is raising volumes after an interruption on Tuesday evening, as reported by Interfax news agency, quoting German operator Gascade.

read more... 12/08/2015

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Daily: European prompt power prices slashed by lower temperatures forecasts

U.S. crude plunged at a more than six-year low on Tuesday after China's currency depreciation intensified worries about oil demand in the No. 2 consumer and a new OPEC estimate showed non-member producers are likely to keep output high despite weak prices.

read more... 12/08/2015

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European wind energy capacity covers 8% of electricity needs

European wind power capacity grew to a total 129 GW in 2014, according to report recently released by the Joint Research Centre (JRC).

read more... 04/08/2015

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Daily: European power forward prices plunge to two-month lows due to low fuel prices

Crude oil prices declined 5 percent on Monday to hit their weakest level since January, dragging down global benchmark Brent below $50 a barrel as weak factory activity in China dipped a commodity-wide rout. Brent crude closed down $2.69, or 5.2 percent, to touch $49.52 a barrel. U.S. crude dropped $1.95, or 4.1 percent, to hit $45.17, just about $3 above its 2015 bottom.

read more... 04/08/2015

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Turbine manufacturer Nordex predicts a strong growth in sales in 2016

German wind turbine manufacturer Nordex anticipates sales increase to continue at a high pace next year, or by a double-digit percentage, as mentioned by its chief financial officer Schaeferbarthold on Thursday, due to strong demand from its main European market as well as the United States.

read more... 31/07/2015

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