Latest news
EEW obtains order for Belwind 2 offshore wind farm
German manufacturer EEW has obtained an order from Belgium developer Nobelwind to produce 51 monopiles at the Belwind 2 offshore wind farm in the North Sea.
read more... 02/10/2015
First Utility enters Germany market - branded as Shell
First Utility and Royal Dutch Shell will create a new venture in Germany vending gas and electricity to households under Shell’s branding.
read more... 01/10/2015
Daily: Crude oil prices diverge in volatile trade amid a hike in U.S. stockpiles, airstrikes in Syria
Crude oil prices settled mixed in volatile trade on Wednesday, with Brent increasing on concerns about Russian airstrikes in Syria and WTI crude declining after figures showing a hike in domestic stockpiles. For the quarter, both Brent and U.S. crude lost 24 percent, recording their largest decline since the end of 2014. Brent rose by 14 cents, or 0.3 percent, to close at $48.37 a barrel. It shed 10 percent for September. U.S. crude slipped 14 cents, or 0.3 percent, to end at $45.09, reversing earlier gains. For the month, U.S. crude fell 8 percent.
read more... 01/10/2015
Renewables beat burning coal in the British power mix
UK generated more of its electricity from renewable sources than from burning coal for the first time in the second quarter of 2015, due to a record high from wind and solar plants.
read more... 30/09/2015
Daily: German forward power prices rebound after new-term lows
Crude oil prices boosted by about 2% on Tuesday, but then reduced gains in the post-settlement trade after the American Petroleum Institute (API) reported an unexpected large weekly increase in U.S. crude stockpiles. Front-month WTI closed Tuesday's trade at $45.23 a barrel, up 80 cents, or 1.8 percent on the day. In post-settlement trade, it shed to $44.82. The front-month Brent contract settled up 89 cents, or 1.9 percent, at $48.23. It hit $47.97 after the API figures.
read more... 30/09/2015