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Daily: European spot power prices fade ahead of five-day Christmas holiday
Crude oil prices increased by more than $2 a barrel on Tuesday, soaring for a second time in three days, after figures indicated the fastest pace of U.S. economic growth in 11 years, rising expectations for crude demand. Brent boosted $1.58 to settle at $61.69 a barrel, prolonging its rise in post settlement to $62.14. U.S. crude rose by $1.86 to close at $57.12, and rallied thereafter to as high as $57.56.
read more... 24/12/2014
Romania: Nuclearelectrica will shut unit 2 for repairs
Romania's Nuclearelectrica declared it will stop on December 23 its nuclear reactor number two at its Cernavoda nuclear power plant and detach it from the national electricity grid on Tuesday to solve a problem, which did not affected plant’s safety.
read more... 24/12/2014
Russia expects Ukraine power supply agreement by end-2014
Russian Energy Minister Alexander Novak declared on Tuesday he expected to settle an agreement on electricity supply from Russia to Ukraine by the end of 2014.
read more... 24/12/2014
Serbia: the start of Balkan power exchange postponed again
Serbian postponements in ratifying a new energy law have deferred the launch of a regional spot power exchange based in Belgrade to at least the third quarter of 2015, as stated by a representative of Serbia's grid operator on Monday.
read more... 23/12/2014
Bosnians to pay more for electricity in new liberalized market
The regulator in Bosnia's independent Bosniak-Croat Federation authorized on Monday the region's two electricity utilities increasing household power prices in January when Bosnia's electricity market is scheduled to become entirely open.
read more... 23/12/2014