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Daily: European forward power price rebound, while spot decline ahead of holiday in Germany and France
Crude oil prices declined by about 2 percent on Friday, spurred by a rallying dollar at a near one-month high and by profit-taking ahead of a long U.S. holiday weekend. North Sea Brent oil decreased by $1.17, or 1.8 percent, to settle at $65.37 a barrel. Brent fell 2.1 percent on the week. WTI crude fell $1.17 or 1.7 percent, to close at $59.72. It posted a 3 cents increase for the week, prolonging weekly gains for a 10th consecutive week.
read more... 25/05/2015
Daily: European spot power prices decline on the eve of holiday in France, Germany
Crude oil prices declined after a 3 % rally o Wednesday as concerns about robust supplies have an impact on the market despite a second consecutive week of draws in U.S. crude. North Sea Brent closed at $66.81, down 5 cents. It had jumped to $68.17 earlier. WTI crude futures fell 25 cents to settle at $60.50 a barrel, after soaring to $61.85.
read more... 14/05/2015
France’s EDF envisages to take stake in Areva
French energy conglomerate EDF is thinking about taking a stake in struggling nuclear power group Areva, as reported by business daily Les Echos.
read more... 27/03/2015
France inaugurates capacity mechanism to guarantee against blackouts
France will institute a market in power generation capacity in April to ensure there are no blackouts during periods of peak electricity consumption, as stated by grid operator RTE on Tuesday.
read more... 25/03/2015
EDF Energies Nouvelles expands operations in Belgium
France’s EDF Energies Nouvelles has extended its operations and maintenance activities to Belgium with the establishment of a new division.
read more... 11/03/2015