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Daily: European spot power prices diverge, with French contract down amid weak demand

Brent crude ended lower on Thursday after figures indicated U.S. crude stockpiles soared to record highs eclipsed output freeze plans by top oil producers that had considerably increased the market this week. Brent crude fell 22 cents to settle at $34.28 a barrel, having boosted more than $1.20 before the data. U.S. crude rose slightly 11 cents to end at $30.77 a barrel, after an earlier peak at $31.98.

read more... 19/02/2016

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MHI Vestas will supply turbines to Belgium

MHI Vestas, a joint venture between Vestas and Japan's Mitsubishi Heavy Industries, declared on Thursday it would probably provide turbines to Belgium's major wind farm project.

read more... 19/02/2016

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Poland's Energa envisages bidding EDF's local heating plants

Poland's fourth-largest power firm Energa will think about bidding for local heating plants possessed by French utility EDF if they become available, as mentioned on the industry website wnp.pl quoting Energa's chief executive.

read more... 19/02/2016

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Vattenfall to invest €83.5 million to upgrade a CHP power plant in Wedel, Germany

Vattenfall has announced it will invest €83.5 million (£64.2m) in a district heating project in Hamburg in an effort to upgrade the combined heat and power (CHP) plant in Wedel, Germany.

read more... 18/02/2016

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Germany rejects EU plan for surcharge on industry for renewable energy

Germany has rejected as undesirable European Commission plans to make industrial companies producing their own electricity pay a levy to aid fund a transition to green energy, as indicated in an economy ministry paper.

read more... 18/02/2016

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