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Daily: European power prices drop significantly after CO2 vote

Brent and U.S. crude oil futures increased on Tuesday after choppy trading supported by strong equities on Wall Street, with worries about France's economic growth capping any support from supportive data out of Germany. Brent April crude climbed 14 cents, or 0.12 percent, to settle at $117.52 a barrel, having traded from $116.55 to $117.60. Meanwhile, U.S. March crude gained 80 cents, or 0.83 percent, to settle at $96.66 a barrel, having traded from $95.25 to $96.73.

read more... 20/02/2013

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Northeast China gets its first nuclear power station since Fukushima disaster

The first nuclear power plant and the largest energy project in Northeast China since the accident at Japan's Fukushima Dai-Ichi plant in 2011 started operation on 17 February.

read more... 20/02/2013

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Daily: European spot power prices jump on colder weather forecasts

Brent crude oil futures settled below $118 per barrel on Monday backed by expectations of improving global growth and continuing tensions in the Middle East. Brent crude dropped 20 cents at $117.46 a barrel by 15:18 GMT after recording its first weekly loss since the first half of January. Meanwhile, U.S. crude shed 24 cents to $95.62.

read more... 19/02/2013

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Iberdrola gets the green light to build a new wind complex in Scotland

Iberdrola, through its UK arm ScottishPower Renewables, has got the green light from the Scottish Government for the construction of wind complex Kilgallioch, whose development will require an investment of about 465 million euros.

read more... 18/02/2013

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Turkey to start construction of its first nuclear power plant in 2014

Stating to the Director General of Akkuyu NGS A.S. Alexander Superfin, the construction of the first nuclear power plant Akkuyu in Turkey will start in early 2014. The preparation of an ecological report on the project’s impact on the environment will be completed in May 2013.

read more... 18/02/2013

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