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British wind farms compensated by National Grid to stand idle

British wind farms were remunerated by a record amount of £ 43,000,000 to stand idle so far this year because they were generating more power that National Grid could cope with.

read more... 12/11/2014

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Daily: European power prices increase tracking gains in coal and carbon prices

WTI crude oil reversed earlier gains on Monday, dropping more than $1 and Brent crude also declined as U.S. dollar rally outweighed concerns about conflicts in Libya and Ukraine. U.S. front-month crude futures slipped as low as $77.20 before settling at $77.40 per barrel, down $1.25. Brent crude also closed down more than $1 per barrel at $82.34.

read more... 11/11/2014

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Russia signs second China gas agreement, but declining prices increase worries

Russia and China inked a framework accord for a gas supply deal at the weekend, but declining energy prices pressure on negotiations and might still compromise their plans.

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Eustream begins open season for new gas connection with Hungary

Hungarian and Slovak gas pipeline operators MGT and Eustream announced on Monday the beginning of the open season for capacity on a new interconnector between the two countries from January 1.

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Elering purchases from Fortum controlling stake in Estonian gas grid

Estonian electricity grid operator Elering AS will purchase a controlling stake of 27.5 million euros ($34.3 million) in the country's gas transmission system operator from Finnish utility Fortum, as stated by the companies on Monday.

read more... 11/11/2014

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