Latest news
Daily: European spot power prices mixed on stronger wind output in Germany, colder weather in France
Brent crude prices declined 2 percent on Monday, dragged down by European Central Bank bond-buying, while U.S. crude boosted 1 percent on a smaller-than-expected increase in stockpiles at the main oil hub at Cushing, Oklahoma, driving to a narrowing gap between the two benchmarks. Brent decreased $1.20, or 2 percent, to settle at $58.53 a barrel, while U.S. crude rose by 39 cents, or 0.8 percent, to close at $50.
read more... 10/03/2015
Nineteen EU nations distribute 500 million free 2015 CO2 permits
Nineteen countries, counting Germany, Britain and France, have thus far distributed a total of approximately 500 million free European Union carbon permits to industry to cover their 2015 emissions, as indicated by European Commission data on Tuesday.
read more... 04/03/2015
France: Southern gas trading hubs will unite on April 1
The two gas trading hubs in the south of France will fuse on April 1, as stated by power trading group Powernext on Tuesday, denoting a first step towards an integrated French gas platform intended at preventing the big price swings presently seen in the market.
read more... 25/02/2015
France and Spain will inaugurate the longest underground high-voltage cable in the world across the Pyrenees
French and Spanish power grid operators have commissioned a long-awaited underground high-voltage cable across the Pyrenees that will enhance the supply security of both countries and will allow Spain to exports its excess of renewable electricity, easing one of the worst network bottlenecks in Europe.
read more... 16/02/2015
Regulator authorizes Franco-Italian electricity market coupling
France and Italy will turn into the latest countries in Europe to connect their day-ahead power markets in February, as stated by French regulator CRE on Tuesday, aiming at better pricing electricity across Europe and diminishing supply risks.
read more... 11/02/2015