Latest news
France keeps hydraulic fracking ban despite business lobbies
France remains committed to its moratorium on shale gas exploration using fracking, according to a declaration made by French Minister of Ecology, Sustainable Development, and Energy Delphine Batho during a debate, aired on both radio RMC and BFM TV with Laurence Parisot, head of the French business association MEDEF.
read more... 07/06/2013
Daily: European spot power prices drop on higher temperatures in France, Germany
Brent crude oil futures declined considerably before the session close on Wednesday following reports of the imminent restart of a vital U.S. refinery added pressure to the international benchmark’s premium to U.S. oil. Brent futures ended 20 cents lower at $103.04 per barrel, after trading as high as $104.07, the contract's first run above $104 in five sessions. U.S. crude futures closed 43 cents higher at $93.74 per barrel, after trading as high as $94.48.
read more... 06/06/2013
Eni carries off custumers of GDF Suez
Since 2011, Eni is the second largest gas supplier in France, with total gas deliveries of 74 TWh, representing 14% of the overall market share. GDF Suez still leads the French retail gas market but will have to work harder to maintain its residential customers. Daily, about 500 French consumers sign up contracts with Italian company Eni.
read more... 23/05/2013
European power trading volumes uncertain after the 2012 drop
Trading volumes in Europe's major wholesale power markets dropped 12% in 2012, and nearly four months into 2013 the direction of the market is too uncertain to predict. Trading volumes dropped to 8,534 TWh in 2012 in France, Germany, Italy, the Netherlands, Spain, Britain and the Nordic region from 9,645 TWh in 2011, according to estimates.
read more... 02/05/2013
France advocates the EU 2030 renewables targets
The European Union proposals to establish new renewable energy targets for 2030 received a support, after the French energy and environment minister, Delphine Batho, confirmed that her government will advocate the plan.
read more... 26/04/2013