Latest news
German utilities to get several billions of euros in nuclear tax refunds
Germany's Constitutional Court ruled that the nuclear fuel tax is illegal on 7 June, raising the prospect of 6.3 billion euros refund to utilities and up to 1.5 billion euros in interest payments.
read more... 13/06/2017
Daily (12.06.2017): EU carbon prices posted a 2.3% week-on-week loss
Oil prices slightly increased on Friday, after steep declines previously during the week, mainly due to increased buying activity among traders, who have taken long positions after closing their prior positions earlier last week. Brent crude for August delivery added 0.61% to settle at $48.15 a barrel on the London ICE Futures Exchange, while the West Texas Intermediate for July delivery increased 0.19 U.S. dollar to settle at $45.83 a barrel on the New York Mercantile Exchange.
read more... 12/06/2017
Germany, Belgium and Denmark encourage the increase of Europe's offshore wind capacity
Germany, Denmark and Belgium joined with 25 industry giants, including Dong Energy and Siemens Gamesa, to issue a statement pledging to increase Europe's offshore wind capacity by almost 500% in the next decade.
read more... 09/06/2017
Summer heatwaves will test electricity grids in Italy and Poland
Sustained heatwaves this summer might create problems for Italian and Polish power networks, potentially causing interruption to supply, but many of other grids in Europe seem to be ready, an electricity network lobby group warned on Wednesday.
read more... 08/06/2017
CAPEX of scheduled Poland-Denmark gas connection up to 2.1 bln euros
Poland's Gaz-System declared on Tuesday that the total CAPEX linked to the construction of the new gas pipeline to Denmark, known as the Baltic Pipe, is expected at 1.6 billion-2.1 billion euros ($2.36 billion).
read more... 07/06/2017