Latest news
Closure of Longannet coal-fired power station brings the end of an era in Scotland
Scottish Power will on Thursday halt production at the country's last coal-fired power station, the 46 year old Longannet Power Station in Fife, blaming high carbon taxes and transmission charges made it “uneconomic”.
read more... 24/03/2016
Croatia will reduce household gas prices by 18% from April
Croatia has reduced yearly natural gas prices for households by an average of 18 percent from April because of a drop in wholesale prices on the European market, as it stated on Wednesday.
read more... 24/03/2016
Daily: European spot, forward prices post a weak trend as demand falls
Crude oil prices declined 4 percent on Wednesday, with WTI crude closing below the key $40 per barrel threshold after sixth consecutive week of record highs in inventories that could cut the market's two-month long hike. U.S. crude futures eased $1.66, or 4 percent, to settle at $39.79 a barrel. It was the largest one-day decline for the front-month contract in U.S. crude since February 11, when prices plunged to a 12-year low of $26.05. Brent crude futures lost $1.32, or 3.2 percent, to trade at $40.47 a barrel.
read more... 24/03/2016
Irish envisages €2.7 billion wind investment
Onshore wind developers will invest minimum €2.7 billion in Ireland in the next four years to guarantee that the country meets its 2020 renewable electricity objectives.
read more... 23/03/2016
Siemens ready to acquire Areva wind venture in Gamesa agreement
Siemens is prepared to purchase Spanish-French wind power joint venture Adwen as part of a scheduled fusion of its wind assets with those of Spain's Gamesa, as reported in the Germany's Sueddeutsche Zeitung on Tuesday.
read more... 23/03/2016