Latest news
Statnett will construct electricity line to northern Norway’s developing oil region
Norwegian power grid operator Statnett will begin to build a new high-voltage electricity connection to the country's north in 2016, it declared on Thursday, bringing more power to what might develop as the country's new oil province.
read more... 04/05/2015
Coriolis Energy and Ireland’s ESB decided to jointly develop UK wind farms
Coriolis Energy and Ireland's Electricity Supply Board (ESB) have decided to jointly develop nine onshore wind farms across Britain capable of producing sufficient electricity to power 225,000 homes, according to their statement on Tuesday.
read more... 29/04/2015
Daily: European prompt power prices firmed on forecasts for colder weather
Crude oil ended lower on Monday as robust supply compensated support from the conflict in Yemen and the declining number of U.S. rigs drilling for oil made traders hesitant after prices reached 2015 peaks last week. Brent crude for June delivery dropped 45 cents to close at $64.83 a barrel, having oscillated from $64.40 to $65.61. European benchmark hit the highest level in 2015 at $65.80 on Friday. WTI crude eased 16 cents to settle at $56.99, having fluctuated from $56.52 to $57.89. It hit a 2015 peak of $58.41 last Thursday.
read more... 28/04/2015
New name for the French gas giant GDF Suez
French gas utility GDF Suez declared on Friday it was modifying its name to "Engie" to reflect a progressing energy sector and the group's increasing contribution to renewable power, marking a break from its previous state monopoly past.
read more... 27/04/2015
Daily: European prompt power prices mixed with German spot up on lower wind output
Crude oil prices were mixed on Wednesday with European benchmark Brent ending up on continuing unrest in Yemen, while WTI crude closed down after the release of EIA ‘s report showing stockpiles have increased much more than expected last week. Brent crude rose 65 cents to settle at $62.73 a barrel after the White House declared the situation in Yemen remained precarious and more effort is needed to be done in the region. U.S. crude slipped 45 cents to close at $56.16 a barrel.
read more... 23/04/2015