Latest news
Daily: European spot power prices retreat due to lowering air conditioning demand
Crude oil prices declined and WTI closed below $50 a barrel on Wednesday after government figures indicated that crude oil stockpiles in the United States strengthened last week and as a stronger dollar and weaker global equities added to pressure. U.S. crude for September delivery tumbled $1.67, or 3.28 percent, to settle at $49.19 a barrel, first settlement below $50 since April. Brent crude for September delivery dropped 91 cents to close at $56.13.
read more... 23/07/2015
Croatia tries to find investors to develop Adriatic LNG terminal
Croatia's electricity utility HEP and gas transmission system operator Plinacro on Tuesday invited investors to show interest in constructing a liquefied natural gas (LNG) terminal in the northern Adriatic, part of the country's effort for energy independence.
read more... 23/07/2015
EU carbon allowances rocket to the highest level since 2012
European Union carbon allowances (EUAs) soared to the highest level since 2012, breaking the €8 mark, continuing a recovery that saw prices plunging below €3 in 2013 as the market struggled with a glut of allowances due to the financial crash and resulting decline in industrial production.
read more... 22/07/2015
Daily: Crude oil futures recover after a volatile trade
Crude oil futures recovered after a volatile session due to a weaker U.S. dollar, while low earnings dragged stocks lower. Expiring U.S. crude for August delivery edged 21 cents up to settle at $50.36 a barrel, after declining to $49.77 intraday. WTI crude for September delivery closed at $50.86, up 42 cents. Brent crude for September delivery advanced 39 cents to hit $57.04, having oscillated from $56.33 to $57.44. Brent's premium to September U.S. crude held above $6 a barrel.
read more... 22/07/2015
Germany estimates big increase in offshore wind capacity
Germany adjoined more than three times the quantity of offshore wind capacity in the first half of this year than in the same period of 2014 and the country hopes to attain half of its 2020 offshore objective of 6,500 megawatts (MW) later this year.
read more... 22/07/2015