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Iran, South Korea sign contract on generating electricity from waste

The Islamic Republic of Iran and South Korea on Monday signed a contract valued at $130 million for generating electricity from waste in Tehran, IRNA reports.

read more... 06/11/2018

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UK-Belgium gas pipeline IUK warns Belgium power woes could interrupt gas flows

Gas flows between Britain and Belgium through the IUK pipeline could be interrupted this winter if electricity supply issues facing Belgium require the pipeline operator to turn off its electricity-driven compressors, it said on Thursday.

read more... 02/11/2018

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Daily (26.10.2018): German day-ahead electricity price surged by around 20% on Thursday, due to increased demand and lower wind generation

Oil contracts were bullish on Thursday, following the declaration of the minister of Saudi Arabia that major exporters would probably have to support crude markets. Brent crude rose by 1% to $76.89 a barrel. Meanwhile, WTI crude gained 0.8% to close at $67.33 a barrel.

read more... 26/10/2018

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EU approves €200m French state aid for renewable energy

The European Commission has approved a €200 million (£176m) scheme that supports electricity production from renewable energy sources for self-consumption in France.

read more... 23/10/2018

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Scottish Power to use 100% wind power after sale to Drax

Scottish Power will become the first major UK energy company to generate all its electricity from wind power instead of coal and gas, after selling its final gas and hydro stations to Drax.

read more... 16/10/2018

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