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Daily: European power prices ease on less demand, reasonable output

Brent oil crude futures dropped on Monday after last week’s weaker data continued to have impact over a market weakened following public holidays in the United States and Britain.

read more... 28/05/2013

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IEA warns Germany on costly clean energy transition

The International Energy Agency’s (IEA) executive director, Maria van der Hoeven recommended the Chancellor Angela Merkel’s government to curb electricity retail prices in Germany, otherwise the country’s shift to green power may be jeopardized.

read more... 27/05/2013

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EU energy sector in danger and requires urgently a reform

The EU energy sector needs support for innovation if they want to reduce energy costs. European power companies will have to develop new technologies, to approach more to consumers and expand newer business models and services. European leaders and the energy- industry chiefs have taken steps toward reviving energy-market reform and setting long-term targets for renewable energy.

read more... 24/05/2013

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German industry enjoys lower power prices

German industry enjoys a raft of special power price breaks to shield its international competitiveness.

read more... 24/05/2013

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Portugal’s power production from renewables at 70%

Redes Energeticas Nacionais, the operator of the country’s energy grid has recently announced that Portugal has reached a major landmark, about 70% of the country’s energy was supplied through renewable sources in the first quarter of 2013, which proves that Portugal has serious intentions to abandon fossil fuels.

read more... 22/05/2013

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