Latest news
ScottishPower will continue with 714MW UK offshore wind farm
ScottishPower has made its ultimate investment decision for a 714MW offshore wind farm in the UK. It anticipates to spend minimum 50% of the total £2.5 billion investment in the country.
read more... 25/02/2016
Daily: Crude oil prices soar on loading issues for UK crude, higher U.S. gasoline demand
Crude oil prices hiked as much as 3 percent on Wednesday, with Brent spurred by news of stalled loadings for the United Kingdom's North Sea oil due to technical issues, while U.S. crude futures boosted after robust demand for gasoline reduced worries about record high crude stockpiles. Brent, the global benchmark for crude, rose $1.14, or 3.4 percent, to settle at $34.41 a barrel. U.S. crude futures advanced 28 cents, or nearly 1 percent, to close at $32.15 after gasoline demand soared more than 5 percent over the past four weeks compared with a year ago, according to the government data.
read more... 25/02/2016
Lithuania electricity prices attain record low on imports from Sweden
Lithuania power prices dropped to a record low last week since imports from the Nordic countries increase via a new underwater electricity connection to Sweden, as stated by the Baltic state's grid operator Litgrid on Tuesday.
read more... 24/02/2016
U.S. hit a stunning record in terms of solar PV installations in 2015
The U.S. solar industry has broken another record, adding 7.3GW of new generating capacity in 2015, according to figures released by GTM Research and the Solar Energy Industries Association (SEIA).
read more... 24/02/2016
Bulgaria inks an agreement with Shell for deepwater oil and gas exploration
Bulgaria signed a deal with Royal Dutch Shell on Tuesday to explore for oil and gas in an offshore block in the Black Sea in a bid to end its almost total reliance on Russian natural gas.
read more... 24/02/2016