Latest news
Top energy companies to create green fund
Seven international oil and gas majors are envisaging creating a joint fund to develop new renewable energy technologies.
read more... 04/11/2016
EDF cuts 2016 nuclear production after reactor restart postpones
French state-controlled utility EDF on Thursday reduced its 2016 nuclear power production for the second time this year after previously announcing that the restart of five nuclear reactors experiencing safety checks would be postponed until the end of December.
read more... 04/11/2016
Daily: Spot French power contract rallies on extended number of outages at EDF’s nuclear plants
Crude oil prices ended down more than 1 percent on Thursday as investors remained skeptical about whether OPEC will cap its production. U.S. crude lost 68 cents, or 1.5 percent, to settle at $44.66 per barrel. At one moment, oil had declined more than $1 a barrel and hit a session low of $44.37. Brent crude eased 51 cents, or 1.1 percent, to end at $46.35 a barrel. It reached a session low of 45.99.
read more... 04/11/2016
Germany to equally distribute electricity network costs
Germany intends to distribute more evenly the bill for its electricity networks across regions, a move that would benefit households and small firms in east Germany, as mentioned in a draft law noticed by Reuters on Thursday.
read more... 04/11/2016
Steag to disconnect approximately a third of German power plants
Utility Steag GmbH intends to switch off approximately a third of its German electricity generation capacity, referring to a huge drop in wholesale prices that has instigated many of its larger competitors to close down plants since they no longer turn a profit.
read more... 03/11/2016