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Polish power exchange will start forward contracts based on renewable energy

The Polish Power Exchange intends to start new derivatives next month that will enable participants to trade forward contracts based on green certificates, which are supported by electricity produced from renewable sources.

read more... 30/12/2015

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Serbia's electricity grid operator acquires stake in Montenegro competitor

Serbia's Elektromreza Srbije (EMS) electricity grid operator acquired a 10 percent share in Montenegro's Crnogorski Elektroprenosni Sistem AD for approximately 14 million euros ($15.30 million), as stated by a source close to the deal.

read more... 30/12/2015

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Norway: pipeline gas exports to Europe attain new record high

Norway's pipeline gas exports to Europe attained a new annual record high of 107.9 billion cubic metres as of December 29, as indicated by preliminary data from gas system operator Gassco on Wednesday.

read more... 30/12/2015

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China unveils tariffs cuts for solar, wind power from January 2016

China will slash tariffs for wind and solar electricity generators, unveiled the Chinese National Development and Reform Commission (NDRC), blaming recent declines in operating costs.

read more... 29/12/2015

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Daily: Brent crude near 11 year-low as supply glut concerns come back

Crude oil prices declined over 3% on Monday, with Brent nearing 11-year lows again as oversupply worries returned. Brent declined $1.27 to close at $36.62 a barrel, after slipping to a session low of $36.52. It hit $35.98 on Tuesday, its weakest level since 2004. WTI ended the session down $1.29 at $36.81, after an intraday low at $36.66.

read more... 29/12/2015

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