Latest news
Daily: German year-ahead power prices decline tracking bearish energy markets
Crude oil prices traded higher on Wednesday as dollar devaluation and weaker U.S. crude inventories provided a slight increase from six-year lows hit in the previous session, while concerns about China’s depreciating currency and economic downturn deflated prices . WTI crude futures rose 22 cents, or 0.5 percent, to close at $43.30 a barrel, after gaining almost 80 cents at the session high. The market lost $1.88, or more than 4 percent, on Tuesday, closing at $43.08 a barrel, its lowest since March 2009. Futures of Brent edged 48 cents up, or 1 percent, to touch $49.66 a barrel, after a session peak at $50.01.
read more... 13/08/2015
Germany has no plans for discussions on nuclear end
The German government has no tangible plans to discuss with industry about the costs of closing nuclear power plants, as stated by an official of the Economy Ministry on Wednesday.
read more... 13/08/2015
Scotland: Wind project increases £1.4m fund for the construction of a community project
A new community wind energy project in Scotland has received the go-ahead after organizers raised over £1m to fund its development.
read more... 12/08/2015
Yamal-Europe gas pipeline volumes increasing after suspension
The Yamal-Europe gas pipeline, which supplies Russian gas mostly to Germany and Poland, is raising volumes after an interruption on Tuesday evening, as reported by Interfax news agency, quoting German operator Gascade.
read more... 12/08/2015
Daily: European prompt power prices slashed by lower temperatures forecasts
U.S. crude plunged at a more than six-year low on Tuesday after China's currency depreciation intensified worries about oil demand in the No. 2 consumer and a new OPEC estimate showed non-member producers are likely to keep output high despite weak prices.
read more... 12/08/2015