Latest news
GDF Suez to expand its wind portfolio in the UK
French power group GDF Suez has acquired the UK-based wind energy developer West Coast Energy (WCE), strengthening its commitment to expand its wind portfolio in the UK, as well as in Europe.
read more... 31/03/2014
Daily: German power contract Cal ’15 hits nine-year lows on falling German business morale
Brent crude oil futures boosted on Tuesday on fresh geopolitical risk over Russia and supply disruptions in Nigeria and Libya, while U.S. WTI crude were dragged down by forecasts for stronger domestic commercial crude stocks.
read more... 26/03/2014
Spain government considers increasing subsidies for gas-fired power plants to prevent further closure of facilities
The Spanish government aims to increase the aid for under-used gas-fired power plants in order to avoid utilities’ closures around the country.
read more... 26/03/2014
Germany: no renewable surcharge to be paid for on-site power plants
Industrial companies are absolved from paying renewable energy surtaxes for present on-site power plants, as stated by Sigmar Gabriel, the Germany’s economy and energy minister, who had renounced the initial plan that would have annually charged them approximately 500 million euros.
read more... 25/03/2014
Bosnia: 52% increase in power exports due to hydropower gains
Bosnia’s electricity exports registered a significant increase of almost 52% in 2013 attributable to gains in hydropower production, according to data presented by the government on Thursday, accentuating its position as the major power exporter in the Western Balkans.
read more... 21/03/2014