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Daily: European forward power prices rocket at an eight-week high tracking stronger coal, carbon prices
Crude oil declined for a second consecutive day on Thursday, dragged down by weaker U.S. refined fuels markets and eventual negative impact from Greek debt crisis on European energy demand. Brent crude decreased 29 cents, or 0.5 percent, to close at $63.20 a barrel. U.S. WTI crude declined by 57 cents, or almost 1 percent, to settle at $59.70.
read more... 26/06/2015
Germany to choose between a coal levy and gradual phase out of coal power plants on July 1
Germany is considering two alternative proposals on how to curb CO2 emissions from the energy sector and would make a final decision on July 1, Economy Minister Sigmar Gabriel said on Wednesday.
read more... 25/06/2015
E.ON intends to close down two nuclear reactors at Oskarshamn power plant in Sweden
German energy group E.ON said Tuesday it envisages decommissioning two of three nuclear reactors at OKG Aktiebolag’s Oskarshamn power plant in Sweden, blaming low profitability.
read more... 24/06/2015
Scottish government awards almost a quarter of a million pounds to fund investigation in geothermal sector
Five projects to explore the possibility of sites in Scotland producing geothermal energy have received funding from Scottish government.
read more... 18/06/2015
EU establishes group to expand France-Iberia energy links
The European Commission has established a working group to expand the interconnection capacity of the French and Spanish electricity and gas markets, as it declared on Monday.
read more... 16/06/2015