Latest news
ContourGlobal might begin constructing Kosovo power plant in 2016
ContourGlobal might begin constructing coal-fired power plant in Kosovo in 18 months, in the first significant investment in the country's energy sector in decades designed for reducing electricity shortages and creating jobs, as stated by an official at the U.S. power firm.
read more... 05/02/2015
Daily: European prompt power prices tumble on prolonged cold snap
Crude oil prolonged losses on Wednesday, reversing a four-session gain after U.S. crude stockpiles soared to a record high, posting the global oversupply back into focus. U.S. crude futures eased 8.7 percent, to close at $48.45 a barrel, recording its biggest one-day percentage decline since November 28, 2014. Brent crude plunged $4 to settle at $54 a barrel, having traded as high as $59 a barrel on Tuesday.
read more... 05/02/2015
Five companies interested in building Romanian hydro power plant
Five firms have submitted preliminary, non-binding offers to construct a 1,000 megawatt hydro power plant at Tarnita in Romania, as stated by the state-owned project company Hidro Tarnita on Friday.
read more... 02/02/2015
E.ON wants to sell Terni plant for 1 billion euros
German utility E.ON seeks to vend its most important asset in Italy, a 531 megawatt (MW) hydro-power plant estimated at minimum 1 billion euros ($1.13 billion), in the first semester of this year, as stated by some people acquainted with the agreement.
read more... 30/01/2015
Daily: French spot power prices fell on higher nuclear availability
Crude oil prices posted a modest increase on Thursday on preliminary U.S. data indicating weekly jobless claims at a near 15-year low, showing signs of further strength in the world’s largest economy. WTI crude rose 8 cents to close at $44.53 a barrel, rebounding from its session low of $43.58. Brent crude increased 66 cents to settle at $49.13 a barrel, off its session peak of $49.24.
read more... 30/01/2015