Latest news
Spain gets the EC green light to provide €2.13bn aid for the closure of uncompetitive coal mines
Spain received the green light from the European Commission (EC) to provide €2.13 billion (£1.62bn) in public funds to close 26 uncompetitive coal mines in the country.
read more... 02/06/2016
Daily: Crude oil loses ground as OPEC considers output reduction
Crude oil prices lost ground on Wednesday, dragged down after OPEC sources said that the group will likely consider an output ceiling at its meeting in Vienna on Thursday. U.S. crude's West Texas Intermediate (WTI) futures ended down 9 cents at $49.01 a barrel, off a session low of $47.75. Brent futures declined 17 cents to settle at $49.72, after plunging $48.65 earlier. The session high was $50.
read more... 02/06/2016
Statkraft opened two new onshore wind farms in Sweden
Statkraft has officially launched two new onshore wind parks in Sweden adding approximately 370MW to its operating onshore wind portfolio.
read more... 02/06/2016
Germany to create a fund to finance nuclear exit costs
German government said it will follow the recommendation by a special commission to create a fund to finance the country’s exit from nuclear energy.
read more... 02/06/2016
Daily: European power prices increased due to low temperatures
Oil prices have seen yesterday a slight decrease due to a stronger dollar, while crude futures registered a fourth straight monthly gain on the investors thought that the global surplus insignificantly reduced. Brent crude futures for July was down 7 cents settling at $49.69 a barrel, meanwhile U.S. crude futures dropped by 23 cents, attaining $49.10 a barrel.
read more... 01/06/2016