Latest news
Germany's green energy surcharge will increase 18% in 2014
German network operators have announced that the surcharge added to German electricity bills to cover the cost of renewables is set to increase 18 % to a record high of 6.24 cents per kilowatt hour. The charge has more than quintupled in the last 4 years, while increasing German household power bills, which now are the third- highest in the European Union.
read more... 17/10/2013
Czech Republic: Nuclear power seems to be “crucial” in its new energy strategy
While many European countries decided to give up nuclear power, the Czech Republic wants to increase the share of nuclear power in its energy mix.
read more... 16/10/2013
Daily: European prompt power soars on higher demand expectations
U.S. crude oil prices closed higher on Monday as traders purchased contracts to cover short positions ahead of a possible deal between U.S. political parties over how to fund the government. U.S. oil closed 39 cents higher at $102.41 a barrel, after trading as low as $101.06, while Brent crude futures ended 24 cents lower at $111.04, after dropping to $109.87.
read more... 15/10/2013
Daily: European power prices increased on lower wind production
Brent crude oil futures decreased below 111 dollars on Friday, due to improved supplies which counterbalanced optimism for a possible end to the U.S government shutdown. Brent oil was down 77 cents at $111.28 per barrel at 1415 GMT, while U.S. crude decreased $1.75 at $101.26 per barrel, on track for its fourth weekly decline in five weeks.
read more... 14/10/2013
EDF to build and operate nuclear reactors in UK
The U.K. government and Electricite de France SA are close to announcing a great deal that would see France's EDF Energy building the country's first new nuclear power station since 1995. The project could have a total cost of more than 22.4 billion dollars and would be built on the west coast of England.
read more... 14/10/2013