Latest news
Germany approved sale of $6.9 billion RWE oil and gas division to Russian investor
Germany's economy ministry approved the vending of utility RWE's oil and gas division DEA to a Russian investor in spite of conflicts between Russia and the West over the Ukraine crisis.
read more... 25/08/2014
EDF Energy fined for mismanaging user complaints
EDF Energy, one of Britain's six most important energy suppliers, will pay 3 million pounds ($5 million) penalty to help vulnerable clients after regulator Ofgem found the firm blameworthy of violating complaint handling rules.
read more... 25/08/2014
Britain will run its first electricity capacity market auction on December 16
Britain will run its first auction for reserve power capacity on December 16, a model that will be an example for other European nations intending to manage capacity markets that recompense operators for possessing power generation in back-up form.
read more... 22/08/2014
Daily: European power prices tumble on stronger wind output in Germany
Brent and WTI crude futures boosted on Thursday spurred by upbeat economic data from the United States after an ample supply outlook and as Chinese economic figures had earlier pressured prices. Brent crude for October delivery on Thursday climbed 35 cents to settle at $102.63, up from its session low of $101.21. U.S. crude for October delivery increased 51 cents to close at $93.96 a barrel, reversing earlier losses.
read more... 22/08/2014
Dong plans to acquire Vestas offshore turbines for Irish Sea project
Danish utility DONG has hit a provisional deal to purchase 32 of Vestas most important offshore wind turbines to develop a project off the British coast.
read more... 22/08/2014