Latest news
EDF wants 2.5 pct increase in tariffs before critical meeting
French utility EDF is requesting the government for an annual raise of 2.5 percent in regulated power prices over three years before a key meeting for France's nuclear industry, as mentioned in a newspaper on Sunday.
read more... 02/06/2015
Norway and Britain to construct world’s longest subsea electricity cable
The world's longest subsea power transmission cable is to be built between Norway and Britain by 2021, as stated by Norway's Statnett.
read more... 01/06/2015
Hungary will purchase stakes in local electricity units from RWE
Hungary's government has signed a letter of intent to purchase power units and an additional stake in Matrai Eromu, the country's second major electricity plant, from Germany's RWE , as stated by the government on Thursday.
read more... 29/05/2015
Daily: European forward power price rebound, while spot decline ahead of holiday in Germany and France
Crude oil prices declined by about 2 percent on Friday, spurred by a rallying dollar at a near one-month high and by profit-taking ahead of a long U.S. holiday weekend. North Sea Brent oil decreased by $1.17, or 1.8 percent, to settle at $65.37 a barrel. Brent fell 2.1 percent on the week. WTI crude fell $1.17 or 1.7 percent, to close at $59.72. It posted a 3 cents increase for the week, prolonging weekly gains for a 10th consecutive week.
read more... 25/05/2015
Daily: European electricity curve on weaker thermal power prices
Oil increased for a second day on Thursday and reached $66 a barrel, encouraged by expectations that a global supply glut will reduce and by fighting in Iraq.
read more... 22/05/2015