Latest news
UK investment in renewables will decline by 96% by 2021
Investment in renewables in the UK is likely to decrease by 96% by 2020/21.
read more... 21/11/2016
E.ON splits renewables pipeline since regulation modifies
German utility E.ON has split its renewable energy investment pipeline to 5 gigawatts from 10 GW last year since modifying regulation makes the outlook for major projects less certain, the manager of E.ON's renewables division declared on Friday.
read more... 07/11/2016
Daily: European spot power prices increase sharply on stronger demand, weaker renewables supply
Crude oil prices settled down on Monday on news of the forthcoming restart of Britain’s Buzzard oil field and as Iraq wants to be exempted from OPEC production cuts as it needs more money to fight Islamic State militants. Brent, the international benchmark for crude, lost 32 cents, or 0.6 percent, to close at $51.46 a barrel. Its session low was $50.50. U.S. West Texas Intermediate (WTI) crude declined 33 cents, or 0.7 percent, to end at $50.52.
read more... 25/10/2016
Germany set to increase green energy levy by 8% in 2017
The green energy levy in Germany (EEG), a surcharge paid by power consumers to support the transition to renewables, is expected to rise by 8 percent in 2017, despite governments efforts to slash support for renewable power.
read more... 11/10/2016
Daily: Spot electricity prices tumble on firmer renewables output
Crude oil prices ended down on Tuesday after a dollar increase offset optimism over planned OPEC output reduction before a report indicating another weekly decline in U.S. crude stocks pushed prices up toward four-month highs in the post-settlement trade. Brent crude lost 2 cents at $50.87 a barrel, after rising to $51.37 during the session, its highest level since June 10. U.S. WTI crude settled down 12 cents at $48.69, after hitting $49.13 earlier, the highest level since July 5.
read more... 05/10/2016