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European Energy Exchange EEX recorded impressive results in power, gas futures in 2015
The European Energy Exchange (EEX) enjoyed a fruitful 2015 year, with trading volumes of electricity and gas forwards recording a hike of 62% and 110 respectively.
read more... 12/01/2016
Daily: European power forwards at fresh lows on weaker coal, carbon prices, economic slowdown in China
Crude oil prices dipped 6 % to hit new 12-year low as further reductions in the Chinese stocks market threatened to sink crude as low as $20 a barrel. Morgan Stanley warned that a further devaluation of the yuan could send oil prices spiraling into the $20-$25 per barrel range, prolonging the year's 15 percent decline. Brent crude futures eased $2.00 to close at $31.55 a barrel, their weakest since April 2004. Brent has collapsed more than 15 percent in six consecutive days of losses, the largest fall in a year. U.S. WTI crude futures shed $1.75 to settle at $31.41 a barrel, the lowest level since December 2003.
read more... 12/01/2016
Gamesa divests 24MW in Poland
Gamesa has vended the 24MW Suchan wind farm to Windflower in north-west Poland.
read more... 12/01/2016
World launches 10 and decommissions eight nuclear reactors in 2015
Global nuclear generating capacity insignificantly rose in 2015 since 10 new reactors started to supply electricity and eight were permanently closes, as indicated by to World Nuclear Association data.
read more... 12/01/2016
Italy's: Major gas companies Italgas and 2i Rete Gas might merge
Italian state lender CDP is thinking about a potential merger of Italy's two most important gas distributors with joint assets of approximately 8 billion euros ($8.7 billion) since the sector gears up for major reform, as stated by four people familiar with the matter.
read more... 11/01/2016