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American companies committed to build 20 GW of renewable energy in India

American companies SunEdison and First Solar agreed to build over 20,000 MW of renewable energy capacity in India by 2022, an amount greater than all the solar capacity in the United States.

read more... 17/02/2015

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Bulgaria and Greece decided to accelerate work on gas connection

Bulgaria and Greece have settled to take a final investment decision by the end of May to pave the route for a gas pipeline intended at diminishing Sofia's reliance on Russian gas, as stated by Bulgaria's energy minister on Thursday.

read more... 13/02/2015

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EEX expects growth in Italian gas and electricity trading

The European Energy Exchange (EEX) anticipates Italy's energy trading market to develop and intends to launch gas contracts there since more firms transfer from bi-lateral supply agreements to market alternatives, as stated by its chief executive on Wednesday.

read more... 12/02/2015

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Daily: European forward power prices soar to six-week highs on higher gas, carbon prices

Crude oil prices tumbled declined for the first time in four sessions on Tuesday after the International Energy Agency (IEA) warned that solid supplies will increase global stockpiles before investments cuts started to considerably sap production. Brent crude for March delivery dropped by $1.91, or 3.3 percent, to settle at $56.43 a barrel, having slipped as low as $56.11. WTI March crude futures fell $2.84, or 5.37 percent, to close at $50.02 a barrel, after declining to $49.86.

read more... 11/02/2015

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Germany may require electricity backup scheme beyond 2017

Germany is not developing electricity transport networks fast enough and may require to extend a backup power scheme beyond its planned expiry in 2017, as stated by the country's energy regulator on Monday.

read more... 10/02/2015

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