Latest news
UK government offers $3bn guarantee to Hinkley Point C nuclear project
British government will provide 2 billion pounds ($3.1 billion) of initial support for a new nuclear power plant at Hinkley Point in southwest England, said UK Finance Minister George Osborne during a five day tour of China.
read more... 21/09/2015
Serbia's Nikola Tesla to close 650-MW unit for repairs
Serbia's major coal-fired power plant complex Nikola Tesla (TENT) has closed the 650 megawatt (MW) B1 unit for scheduled two-week repairs, as stated by the company on Friday.
read more... 21/09/2015
Denmark: DONG Energy intends share listing within 18 months
Danish state-owned utility DONG Energy, Europe's biggest offshore wind farm developer, plans to follow an initial public offering (IPO) of its shares within 18 months, as it announced late on Friday.
read more... 21/09/2015
Daily: German forward power contract at a new 12-year low after Fed decision
Crude oil prices fell on Friday, with WTI losing 5%, after a selloff in Wall Street equities counterbalanced the optimistic impact of a third weekly decline in the U.S. oil rig count. The dollar appreciation worries that OPEC oil production will not be slashed and reduced political tensions in the Middle East from U.S.-Russia negotiations on Syria also weighed on oil. U.S. crude futures for front-month delivery settled down $2.22, or 4.8 percent, at $44.68 a barrel. The front-month in Brent decreased by $1.61, or 3.3 percent, to settle at $47.47.
read more... 21/09/2015
OPEC forecasts oil as high as 80 $/bbl by 2020
OPEC forecasters are assuming that oil prices will increase gradually to reach $80 a barrel by 2020, as supply growth from group non-members weakens. This is on average a $ 5 increase per year.
read more... 18/09/2015