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Daily: European forward power prices rally to a four-session high
Global oil prices pared a two-day loss and increased by about 2 percent on Wednesday on expectations that prices will rebound as energy companies slashed production investment to ease an oversupply that erased more than half crude’s value since June. Brent crude boosted $1.04 to settle at $49.03 a barrel, while WTI crude climbed $1.31 to close at $47.78 a barrel.
read more... 22/01/2015
EU regulators set a February 23 deadline to clear GE acquisition of Alstom’s power equipment business
European Union antitrust regulators have fixed a February 23 deadline for a decision on whether to clear General Electric's programmed acquisition of most of French engineering conglomerate Alstom's electricity equipment business.
read more... 21/01/2015
Daily: European power prices diverge, with French increasing on stronger demand
Crude oil declined as much as 5 percent on Tuesday after the International Monetary Fund curbed its 2015 global economic forecast and key oil producer Iran insinuated prices could fall to $25 a barrel without supportive OPEC action.
read more... 21/01/2015
Japan to reorganize its nuclear power business
Japan Atomic Power Company is eyeing splitting itself into two regional units, seeking to rebuild its business to focus on the decommissioning of nuclear reactors, according to the Nikkei business daily.
read more... 19/01/2015
Yingly Green Energy links to the grid a 10MW solar power plant
Yingli Green Energy Holding Company Limited, one of largest solar panels manufacturers in the world, unveiled it has connected to the grid a 10 MW solar power plant in China's Hebei province.
read more... 15/01/2015