Latest news
Gas-fired plants face profit squeezes and opportunistic investment
Utilities across Europe have been hit by high gas prices and low power contracts, which have squeezed their profit margins.
read more... 09/08/2013
Daily: European power trades lower on weaker demand, high hydro output
Brent crude futures fell on Wednesday towards $108, declining for a fourth consecutive day, as supply fears eased and on caution ahead of China and U.S. data.
read more... 08/08/2013
Sweden prefers renewables to nuclear
Recently Sweden's energy minister, Anna-Karin Hatt, has announced that the government will not subsidize new nuclear power plants, favoring renewable investments. Electricity production in Sweden is dominated by nuclear power and renewables, which currently make about equal contributions to energy production- about 40%.
read more... 07/08/2013
Wind power No. 1 in the USA in 2012
Last year, wind power became the number one source of new electricity generation capacity for the first time in the US, accounting about 43% of new electric additions with more than 13 GW added to the grid, nearly double compared to 2011.
read more... 07/08/2013
Germany: Green energy boom bedevils conventional power plants
German utilities are intensifying pressure on the government ahead of Federal elections due to be held in Germany on 22nd September to ease green policies that are hitting their profits.
read more... 07/08/2013