Latest news
Sweden on track to attain 100% green objective by 2040
Sweden is on course to produce all its energy from green sources by 2040, a top regulatory official from the country declared late on Monday.
read more... 25/10/2016
The longest Iceland-UK electricity cable plan seen confronting Brexit deferral
Plans to construct the world's longest electricity interconnector from Iceland to Britain might be deferred by Britain's decision to leave the European Union, as stated by the manager of Icelandic utility Landsvirkjun.
read more... 24/10/2016
EU gas demand likely to increase by 6% in 2016
Natural gas demand across the European Union is likely to raise by 6 percent in 2016, aided by increasing industrial production and more use in electricity generation and transport, as stated by the Eurogas business association on Friday.
read more... 24/10/2016
Daily: Oil ends up on Russia-OPEC hopes
Crude oil ended up on Friday on hopes that Russia and OPEC will reach a deal at the weekend aimed to keep crude above $50 a barrel, although traders worried about pressure from a double-digit increase in the U.S. oil rig number. Brent rose 40 cents, or 0.8 percent, to settle at $51.78. For the week, it ended flat. U.S. West Texas Intermediate crude climbed 22 cents, or 0.4 percent, to end at $50.85 a barrel. WTI reached a July 2015 high of $51.93 on Wednesday and ended the week 1 percent higher.
read more... 24/10/2016
CEZ will vend Tisova plant to Sokolovska Uhelna, stopping disputes
Czech electricity firm CEZ will vend its 289 MW coal-fired Tisova power and heating plant to Sokolovska Uhelna as part of an agreement stopping long-running contract rows over coal supplies,as stated by the company on Thursday.
read more... 24/10/2016