Latest news
Sweden: Vattenfall to put on standby its nuclear plans
Swedish power group Vattenfall, will give up its plans to build new nuclear power reactors because of a new government, including Green Party, which is not supporting them, setting up an energy commission tasked with achieving a 100% renewable electricity system.
read more... 01/12/2014
E.ON to split in two its business to focus on renewables
E.ON, the largest utility in Germany, unveiled it plans to split in two its business after a crisis hit the European energy sector.
read more... 01/12/2014
Daily: Crude oil prices plunge on OPEC’s decision not to curb output
U.S. crude plunged 10 percent in its sharpest one-day decline in more than five years on Friday and Brent hit below $70 a barrel, dragged down by OPEC’s decision not to curb oil production made oil traders and analysts to harry in order to find another trading platform. U.S. WTI crude decreased $7.54 to close at $66.15 a barrel, and slipped further post-settlement, reaching a four-year low of $65.69. North Sea Brent declined by $2.43, or 3.3 percent, to settle at $70.15. Brent also closed down 18 percent for November for a fifth consecutive month of declines, or the longest losing strip since the 2008-2009 financial collapse.
read more... 01/12/2014
Renewable energy beats nuclear as Scotland’s main power source
Renewable energy in Scotland from wind farms, hydro power plants and other green sources has exceeded nuclear, becoming the top source of electricity in the nation in the first months of 2014, according to figures from the Department of Energy and Climate Change (DECC).
read more... 01/12/2014
Italy: final agreement to vend grid asset stakes to China
Italy has closed a final agreement to vend minority stakes in power grid company Terna and gas network operator Snam to a Chinese state-owned electricity group and Italian investors for 2.4 billion euros ($3 billion).
read more... 28/11/2014