Latest news
Chinese State Grid mulls Mediterranean power network
The European Commission’s dream to continental power grids which could be able to function in unison could soon become true, as State Grid Corporation of China, the world's largest utility by revenues, has acquired minority stakes in Portuguese and Italian grid operators and is equally envisaging buying stakes in Greece and Spain.
read more... 11/08/2014
UK to amend subsidies for dirty coal-fired power plants
The British government said on Monday it plans to amend the latest draft of its proposed energy capacity market to exclude long-term subsidies for ageing coal plants, succumbing to the pressure from environmental campaign groups.
read more... 05/08/2014
Boralex to buy a 14 MW wind farm in France
Boralex Inc., through its branch Boralex Europe S.A., has bought Calmont 14 MW wind power farm in the Midi-Pyrenees region in France.
read more... 31/07/2014
Daily: European power prices fall as fears of Russia sanctions attenuate
Crude oil prices dropped on Wednesday, with Brent falling due to supplies glut in Europe and Asia, while U.S. crude followed the trend despite a larger-than-expected decline in national inventories. Brent crude tumbled $1.21 to settle at $106.51 a barrel. WTI crude fell 70 cents to close at $100.27 a barrel, after hitting a low of $99.90.
read more... 31/07/2014
Daily: European power prices increase on further sanctions concerns against Russia
Crude oil declined on Monday on signs of supplies surplus of North Sea and West African crude and as sluggish demand in Europe and Asia counterbalanced fears of intensifying tensions in Ukraine and in the Middle East. Brent crude for September delivery fell 82 cents to settle at $107.57 a barrel, after hitting a low of $107.01 earlier in the session. WTI crude futures for September delivery dropped 42 cents to settle at $101.67, rebounding from an intraday low of $100.90.
read more... 29/07/2014