Latest news
Daily (17.09.2018): German spot electricity contract lost 20.1% on Friday, due to increased solar and coal power supply
Oil crude prices were almost steady on Friday after the previous session's sharp decline caused by worries about lower demand. However, prices recouped losses to end the week higher, stimulated by earlier gains on supply constraints from Iran following U.S. sanctions. WTI crude closed 0.6% up at $68.99 a barrel, while Brent price edged slightly down at $78.09 a barrel.
read more... 17/09/2018
Equinor explores floating wind turbines to power North Sea oilfields
Norway’s Equinor is considering whether to build an offshore wind farm with floating turbines to provide electricity for its Gullfaks and Snorre oilfields in the North Sea, the company said on Tuesday.
read more... 28/08/2018
Iran and Russia Resume Negotiations to Build Nuclear Plant
Iran and Russia have resumed negotiations to build a nuclear power plant capable of generating three thousand megawatts of electricity, Iranian Energy Minister Reza Ardakanian was quoted as saying by local press.
read more... 27/08/2018
China investing heavily in European wind
China’s investment in foreign wind-powered electricity markets has approached $7 billion in Europe alone as private and stated-owned Chinese companies move "aggressively" to capitalize on fast-growing renewable energy markets, according to a recent research brief published by the U.S.-based Institute for Energy Economics and Financial Analysis (IEEFA).
read more... 20/08/2018
EBRD invests €100M in Bulgarian Energy Holding
The European Bank for Reconstruction and Development (EBRD) has invested €100 million in a new seven-year €550 million bond issued by Bulgarian Energy Holding (BEH), the state-owned entity that controls the country’s energy assets, including the public suppliers of electricity and gas, the EBRD announced on Monday.
read more... 14/08/2018