Latest news
Germany: 50Hertz alone will invest 400-500 million euros in power grid in 2014
German power grid operator 50Hertz intends to make an investment of 400-500 million euros this year to build transmission connections that will convey wind power from Germany's inaccessible regions to its industrial centers to sustain its move from fossil fuels to renewable energy.
read more... 09/07/2014
Chinese offer for Italy grids increases concerns
China's state power grid is one of two bidders for a significant stake in Italy's energy grids, but such a connection might cause problems since the Chinese and Italians both intend to purchase assets around Europe, according to sources familiar with the matter.
read more... 08/07/2014
French Alstom to deliver 36 units of ECO 122 wind turbines in Brazil
The French manufacturer Alstom inked a deal on Monday with Brazilian electricity firm Tractebel Energia, a private power generator, to deliver 36 units of ECO 122 wind turbines to Trairi II project, a wind farm located in Ceara State, Northeast of Brazil.
read more... 08/07/2014
Daily: Europe power prices fell alongside a decrease in EUAs
Crude oil prices plunged on Friday with European Brent sinking below $111 a barrel on expectations of stronger exports from Libya and more U.S. crude soon finding its way to refiners, but losses were capped by optimistic economic data showing a higher demand outlook.
read more... 07/07/2014
Romania: Transelectrica plans to invest 5.3 billion lei by 2023
Romanian state-owned power grid operator Transelectrica intends to make an investment of 5.3 billion lei ($1.65 billion) to improve its power network by 2023, as stated by the company on Thursday.
read more... 04/07/2014