Latest news
Regulator authorizes Franco-Italian electricity market coupling
France and Italy will turn into the latest countries in Europe to connect their day-ahead power markets in February, as stated by French regulator CRE on Tuesday, aiming at better pricing electricity across Europe and diminishing supply risks.
read more... 11/02/2015
Daily: European forward power prices soar to six-week highs on higher gas, carbon prices
Crude oil prices tumbled declined for the first time in four sessions on Tuesday after the International Energy Agency (IEA) warned that solid supplies will increase global stockpiles before investments cuts started to considerably sap production. Brent crude for March delivery dropped by $1.91, or 3.3 percent, to settle at $56.43 a barrel, having slipped as low as $56.11. WTI March crude futures fell $2.84, or 5.37 percent, to close at $50.02 a barrel, after declining to $49.86.
read more... 11/02/2015
Partners to sign for Norwegian-German electricity cable of 1.5-2 billion euro
Norwegian and German power grid firms and Germany's development bank KfW should make the final investment decision on a 1.5-2 billion euro ($1.7-2.3 billion) power cable between the two countries on Tuesday, as stated by associates.
read more... 10/02/2015
Germany may require electricity backup scheme beyond 2017
Germany is not developing electricity transport networks fast enough and may require to extend a backup power scheme beyond its planned expiry in 2017, as stated by the country's energy regulator on Monday.
read more... 10/02/2015
Vattenfall to proceed with lignite sale, concentrate on wind
State-owned Swedish utility Vattenfall is increasing investments in wind power as part of its effort to cut emissions and counterbalance losses at its struggling coal-fired power stations.
read more... 06/02/2015