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Daily (14.03.2019): Electricity prices on the curve slumped by around 3% on Wednesday due to weaker coal and carbon markets
Oil prices rose on Wednesday following a strong decline in U.S. inventories and due to sanctions that stalled exports from Venezuela. Brent crude added $0.88, or 1.3%, to close at $67.55 a barrel. WTI futures settled 2.4% higher at $58.26 a barrel.
read more... 14/03/2019
Georgia to increase Azerbaijani gas import
The 2 most important strategic segments of the gas market of Georgia - the population and the production of electricity - will be provided by Azerbaijani gas, Georgia's Deputy Minister of Economy and Sustainable Development Natia Turnava said.
read more... 14/03/2019
Bulgaria invites investment in Belene project
Bulgaria's National Electricity Company (NEK) yesterday announced a call for selection of a strategic investor for the construction of Belene nuclear power plant on the Danube River near the Romanian border. The call also allows for expressions of interest to acquire a minority shareholding in the future project, as well as and/or to purchase electricity from the future power plant.
read more... 13/03/2019
Albania's power output almost doubles in 2018
Albania's electricity production increased to 8,552 GWh in 2018 from 4,525 GWh in 2017, the country's statistical office said on Thursday.
read more... 11/03/2019
National Grid to acquire renewable energy developer Geronimo Energy
UK’s electricity and gas utility National Grid has signed an agreement to acquire Minneapolis, Minnesota-based renewable energy developer Geronimo Energy, for $100m.
read more... 08/03/2019