Latest news
Bulgaria inks deal with Nord Pool Spot for power exchange
Bulgaria's state-owned Independent Bulgarian Energy Exchange (IBEX) has inked a cooperation deal with Europe's main power market Nord Pool Spot intended at establishing the Balkan country's first day-ahead power exchange, as it declared on Wednesday.
read more... 23/04/2015
EU consents rescue assistance for Romanian coal power producer
The European Commission declared on Tuesday it would permit Romania's leftist government to offer a rescue help estimated at 167 million lei ($40.3 million) to indebted state-owned coal power producer CE Hunedoara to keep it operating for the next six months.
read more... 22/04/2015
Costs for Germany’s nuclear exit might increase to 70 billion euros
The bill for closing Germany's nuclear power plants and constructing a secure disposal location for nuclear waste might increase to 70 billion euros, the manager of a government commission declared to daily Frankfurter Rundschau in an interview.
read more... 21/04/2015
Daily: European spot power prices diverge on weaker French nuclear, stronger German wind output
Crude oil futures boosted on Tuesday on evidence of declining oil production in North Dakota, depreciation of dollar and turmoil in the Middle East, especially in Yemen. Brent crude firmed by 50 cents to settle at $58.43 a barrel, ahead of Wednesday's May contract expiration, closing just above its $58.40 100-day moving average. WTI crude for May delivery climbed $1.38 to close at $53.29, soaring above its 100-day moving average of $52.96.
read more... 15/04/2015
UK peak summer electricity demand expected to be lowest ever
Power demand on Britain's grid is expected to attain a maximum of 37.5 gigawatts (GW) this summer, the lowest ever forecast, because of increased private utilization of solar installations, as stated by National Grid on Thursday.
read more... 10/04/2015