Latest news
Greece raised by 9.2 % power prices
Greece, the debt-land country, augmented its power prices in average by 9.2 percent in order to reflect the real cost of energy generation under the terms of an EU/IMF bailout. The changes came into force as from January 1, 2012.
read more... 03/01/2012
TEPCO seeks extra funds for Fukushima compensation
Tokyo Electric Power Company (TEPCO), which is the Fukushima power plant operator, asked the Japanese government for additional aid equivalent to 690 billion yen (£5.6 billion) in order to help meet its obligations to disaster victims.
read more... 27/12/2011
EDF Energy to increase its nuclear investment in UK
While the majority of energy companies are phasing out the nuclear energy, EDF Energy announces that it will increase its current 300 million pound investment on UK nuclear plants in order to adopt extra safety rules imposed by the British energy watchdog, following the Fukushima nuclear disaster.
read more... 16/12/2011
Daily – oil prices slightly up on released API data
U.S. and Brent crude oil futures increased slightly on Tuesday as released data by API Institute indicated a 5 million barrel drop in crude stocks last week, much more as forecasted and on hopes that EU leaders could draft a credible agreement in order to resolve region’s debt crisis.
read more... 07/12/2011
Ofgem to review long term gas supplies
The British Energy secretary, Chris Huhne, asked Ofgem, the British energy regulator, for a further action in order to secure the medium and long term gas supplies.
read more... 11/11/2011