Latest news
Denmark: Vestas signed wind power agreement in Vietnam
Danish wind turbine maker Vestas Wind Systems declared on Wednesday it had inked a deal with Vietnamese company Phu Cuong Group to expand a wind power project but debated the value of $2 billion published by the Vietnam Economic Times.
read more... 11/12/2014
Hungary and Russia ink agreement for nuclear plant development
Hungary and Russia will begin working next year on developing the central European country's single nuclear power plant with two 1,200 megawatt blocks, which are likely to start operating in 2025 and 2026, as stated by a Hungarian government representative on Tuesday.
read more... 10/12/2014
Daily: European prompt power prices fall on strong wind supply, lower consumption
Brent crude recovered on Tuesday after a 5-year low and U.S. crude also rebounded as players were looking for a viable price for oil in a market chased by supply glut worries. Brent increased 65 cents, or 1 percent, to settle at $66.84 a barrel. U.S. crude rose 77 cents to close at $63.82 a barrel, after having fluctuated between a high of $64.20 and low of $62.25.
read more... 10/12/2014
CEZ: earnings in decline due to sector modifications
Czech power producer CEZ will make lesser profits in the future since it gets used to changes in the industry, as stated by its CEO in an interview published on Saturday in a newspaper.
read more... 08/12/2014
Egdon and Scottish Power decided to move ahead with the UK shale gas project
Scottish Power, possessed by Spain's Iberdrola, and Egdon Resources have agreed to continue with a joint project to discover and increase shale gas in Britain, after seismic information showed the potential for reserves.
read more... 08/12/2014