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EU ministers to call for a 2030 renewable target

A group of eight national energy and environment ministers has written a letter to Günther Oettinger, European commissioner for energy, and Connie Hedegaard, European commissioner for climate, calling for the European Commission to propose a new target for renewable energy for 2030. The letter is dated December 23 and was signed by ministers from Austria, Belgium, Denmark, France, Germany, Ireland, Italy and Portugal.

read more... 09/01/2014

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Daily: Brent crude holds above $111 on refinery strike in France, dispute in South Soudan

Brent crude oil held steady above $111 a barrel on Monday following weak activity ahead of Christmas holiday as investors concentrated on continuing refinery strikes in France and internal dispute in South Soudan.

read more... 24/12/2013

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First Solar set to power four new solar energy plants in France

First Solar, the global provider of PV solar systems, will supply with its modules four solar energy plants in France for a total combined PV capacity of 48 MW. The projects will be developed by the independent renewable energy producer Photosol of Paris, France. Three of the plants, with a combined 37 MW share of the total, will be located in the Auvergne and Midi-Pyrenees regions, while the fourth, an 11 MW capacity installation, will be located in Sarrazac.

read more... 19/12/2013

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France pledges to restrict EDF utility hikes in 2015-18

France wants to restrict state-controlled utility EDF's regulated electricity tariff increases between 2% and 3% per year or less per year over the period 2015-2018, which would see a new calculation method to take effect, said an official source in the Elysée Palace.

read more... 12/12/2013

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Daily: European power prices mixed on different weather conditions in France, Germany

The price of benchmark Brent crude oil increased for a second consecutive session on Friday on short-covering. London-traded Brent settled 97 cents higher at $111.05 after setting a six-week high of $111.40.

read more... 25/11/2013

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