Latest news
Gaelectric inaugurated new wind farm in Newtownabbey
Irish developer Gaelectric inaugurates a new wind farm at Carn Hill in Newtownabbey, Co Antrim. The wind farm has a total capacity of about 13.8 MW and consists of six wind turbines, generating enough power to meet the electricity demand of about 8,000 households for 12 month.
read more... 08/05/2013
Daily: European spot power prices mixed, with German contract up on tighter supply
Brent crude oil increased more than 1 percent on Monday, exceeding $105 a barrel in choppy trade as Israeli air strikes on Syria triggered worries about Middle East supply to trump fears that global economic weakness may slash demand.
read more... 07/05/2013
EU’s urgent need for investments in power sector
An inquiry carried out by the House of Lords into the EU power sector concluded that European Union’s energy network needs an investment of about 1 trillion euro in the next ten years to come in a move which aims to stave off an energy crisis.
read more... 07/05/2013
Bulgaria to switch off 40% of wind, solar power capacity
The Bulgarian authorities will switch off about 40% of its wind and solar power plants in order to equilibrate a power system in danger of instability following a considerable excess of capacity after a drop in consumption and exports.
read more... 03/05/2013
Daily: European power prices at 8-year low as fuel prices fell
Brent crude oil closed near $100 a barrel on Thursday, trading close to two-week lows reached in the previous sessions, dragged down by intensifying worries about the U.S. and Chinese economies which clouded the outlook for oil demand from the top two consumers.
read more... 03/05/2013