Latest news
National Grid awarded Centrica agreements for winter electricity backup
National Grid awarded British utility Centrica contracts for the supply of further electricity capacity from two of its gas-fired power plants in the winter of 2015/16.
read more... 16/12/2014
Daily: British prompt gas prices shrink on solid supply eclipsing demand
Brent crude oil prices dropped on Friday, but posted a modest change on the week as traders took a break from months-long rout, despite of increasing worldwide supply signs and U.S. contango structure threatened sharper losses. Brent crude for December delivery closed at $86.13 per barrel, down 70 cents for the day and 3 cents below last Friday's settlement price. Meanwhile, U.S. crude oil futures, continued to decline, with contracts for December delivery dropping $1.08 at $81.01 per barrel.
read more... 27/10/2014
Daily: European forward power contracts recover from six-month lows on weak buying
Brent crude prices recorded their largest drop in more than three years on Tuesday as fears about slowing world economy and the spread of Ebola has created anxiety between investors. Brent futures traded down 4 percent to settle at $85.32 a barrel, having hit a low of $84.48. U.S. crude declined 4.2 percent to close at $82.12.
read more... 15/10/2014
Poland’s power exchange estimates financial futures in 2015
The Warsaw Stock Exchange's Polish Power Exchange would like to propose electricity futures contracts as of 2015 to accelerate expansion of the power market in Eastern Europe's leading economy, as stated on Monday by the C.E.O. of the exchange, POLPX.
read more... 09/09/2014
Alstom wins electricity connection contracts in India, Korea, Canada
French electrical engineering conglomerate Alstom has won deals estimated at a total value of about 800 million euros to construct high-voltage direct current electricity transmission lines in India, South Korea and Canada, according to the firm.
read more... 26/08/2014