Latest news
UK regulator enforces selling prohibition on ScottishPower
ScottishPower, one of Britain's "big six" energy providers, has been given a provisional selling interdiction for failing to clear a logjam of consumer problems within a timeframe fixed by the regulator.
read more... 05/03/2015
Serbia, IMF settle on 15% electricity price increase in 2015
Serbia established with the International Monetary Fund that it would increase power prices this year by 15 percent, as stated on Wednesday by Daehaeng Kim, the IMF country representative.
read more... 05/03/2015
Daily: European power prices diverge, with German up and French flat
U.S. oil futures boosted on Wednesday and Brent pared losses as OPEC member Iran announced that it set against a schedule for a freeze of nuclear activities, move that pushed up crude which was dragged down by strong U.S. inventories. U.S. crude rose by $1.01 to settle at $51.53 a barrel, reversing a near $1 decline from earlier in the day. U.S. oil futures boosted on Wednesday and Brent pared losses as OPEC member Iran announced that it set against a schedule for a freeze of nuclear activities, move that pushed up crude which was dragged down by strong U.S. inventories. U.S. crude rose by $1.01 to settle at $51.53 a barrel, reversing a near $1 decline from earlier in the day. Brent decreased 47 cents to close at $60.55 a barrel, after slipping more than $1.50 earlier.
read more... 05/03/2015
Britain: decline of coal—fired power generation to five-year low in 2014
Britain's coal-fired power generation last year dropped to a five-year low, according to government data showed on Thursday, signifying it was possible that power plant emissions of carbon dioxide (CO2) in the EU's second major carbon polluter also declined.
read more... 27/02/2015
Spain: Iberdrola will purchase UIL Holdings for approximately $3 billion
Spanish utility Iberdrola SA will purchase UIL Holdings Corp for approximately $3 billion to form a new listed power and electric utility and develop in the United States.
read more... 26/02/2015