Germany will launch a first auction of terrain for solar power installations from next month since it aims to bring renewable energy into the wholesale power market, away from a costly period of subsidies.
read more... 29/01/2015
Italy intends to stop incentives to solar electricity generators, as stated by a junior minister on Monday, after years in which huge public support to the sector has encouraged investor interest counting from abroad.
read more... 27/01/2015
Crude oil tumbled on Monday, with WTI crude dipping at its weakest level following comments from OPEC that prices may have found a floor and could move higher soon. Global benchmark Brent dropped 1.3 percent to settle at $48.16. U.S. crude decreased by about 1 percent, ending at $45.15, the lowest price for the existing front-month contract.
read more... 27/01/2015
The European Energy Bourse, EEX, declared on Monday it will start exchange trading of Nordic, Spanish and Swiss electricity futures on February 16, improving them from membership of its trade registration method.
read more... 27/01/2015
Energy supplier RWE npower, a division of German utility RWE, will reduce British gas tariffs by 5.1 percent starting from February 16 after a decline in wholesale costs, the biggest cut made thus far this year by Britain's largest six energy providers.
read more... 26/01/2015