Latest news
German wholesale electricity for 2017 rise by 7.5% attaining 26.5 eur/MWh
German baseload wholesale electricity price for delivery in 2017 touched 26.5 euros ($29.97) a megawatt hour in Tuesday trading, or an increase of 7.5 percent on the day and the most elevated level thus far in 2016.
read more... 27/04/2016
RWE to limit output at Aberthaw coal plant in Wales
RWE npower will downgrade its operating hours at its 1,600 megawatt Aberthaw coal-fired power plant, the largest in Wales from April 1 next year.
read more... 26/04/2016
Bulgaria: BEH agrees 535 million euros loan funding
Bulgarian state energy company BEH has inked a 535 million euro ($602 million) bridge loan with three international banks which should be refunded by a global bond issue within a year, as stated by a senior BEH official on Monday.
read more... 26/04/2016
Daily: European forward power prices resume three-month highs after a weaker start
Oil prices lost more than 2 percent on Monday as data showed new U.S. crude stockpiles builds, while leading banks in commodities stated that the two-month long oil market hike has defied fundamentals. U.S. crude fell $1.09, or 2.5 percent, to settle at $42.64 a barrel. Last week, it reached a five-month high of $44.49. Brent declined 63 cents, or 1.4 percent, to close at $44.48. It attained a mid-November peak of $46.18 last week.
read more... 26/04/2016
E.ON and Statoil will construct big wind farm offshore Germany
Energy producers E.ON and Statoil will make an investment of over 1.2 billion euros ($1.35 billion) to develop the Baltic Sea Arkona wind farm off the coast of Germany, as stated by the two firms on Monday.
read more... 26/04/2016