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Italy intends to eliminate standard power pricing from 2018

Italy plans to scrap the standard power and gas tariff regime for households and small companies from 2018 as part of efforts to liberalize the retail electricity market, as stated on Friday by the Industry Minister Federica Guidi.

read more... 23/02/2015

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Daily: European spot power prices ease on supply pressure

Crude oil prices were mixed on Friday as the number of U.S. rigs drilling for oil dropped more than expected, while heating oil boosted 6 percent on a cold snap that shrunk output at three refineries. The front-month Brent rose just by penny to settle at $60.22, after plunging to a week low of $57.80 on Thursday. WTI's March futures declined 82 cents to close at $50.34 a barrel, expiring as the front-month contract.

read more... 23/02/2015

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Siemens to install 360 MW of onshore wind power in South Africa

German engineering company Siemens has been awarded another significant wind power contract, with an order for 157 wind turbines for three projects in the South African province of Northern Cape. The customer is a consortium led by Mainstream Renewable Power.

read more... 20/02/2015

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Daily: European forward power prices plunge along loses in fuel, carbon prices

Oil markets increased on Friday to stop a two-day decline, aided by expectations that data later in the day would demonstrate a constant drop in the U.S. oil rig count, a clear sign of the pressure the fall in crude has put on crude producers.

read more... 20/02/2015

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UK: Three major parties vow to end power generation from unabated coal power stations

David Cameron, Nick Clegg and Ed Miliband, leaders of Britain's three main parties, launched a joint pact stating that the UK aims to end power generation from unabated coal plants.

read more... 17/02/2015

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