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European wind energy capacity covers 8% of electricity needs

European wind power capacity grew to a total 129 GW in 2014, according to report recently released by the Joint Research Centre (JRC).

read more... 04/08/2015

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Moscow and Ankara agree on 10.25% gas discount for Turkey

Russian Energy Minister Alexander Novak has unveiled that Russian state-run company Gazprom and Turkish state-owned pipeline firm BOTAS have agreed on a 10.25 percent discount concerning natural gas prices, adding that it still in negotiations with Ankara on TurkStream pipeline.

read more... 03/08/2015

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Offshore wind sector in Europe hits installation record in first half 2015

European offshore wind has broken a record for annual capacity installation just six months in 2015, according to the attest figures from the European Wind Energy Association (EWEA).

read more... 31/07/2015

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Daily: European spot power prices decline on higher wind output expectations

Crude oil futures settled higher on Wednesday on bullish stockpiles report from the Department of Energy and after Dow Jones indicated that Saudi Arabia would retreat its production after the summer. U.S. crude for September delivery rose by 81 cents to close at $48.79 a barrel Wednesday after soaring as much as 2.5 percent from six-month lows earlier in the session. Front-month Brent futures increased by 6 cents at $53.36 a barrel, having recovered from an intraday low of $52.51.

read more... 30/07/2015

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Germany’s renewable power hits a new record

Germany’s renewable electricity surpassed the old record of 74 percent on July 25, hitting 78 percent of the day’s energy demand, spurred by windy weather in the north where Germany has most of its wind turbines installed and by sunny weather in the south.

read more... 29/07/2015

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