Latest news
Daily (03.07.2018): French day-ahead electricity price jumped by 30.7% on Monday as nuclear reactors were off for maintenance
Oil crude prices surged on Monday, as increased supply from Saudi Arabia and Russia and U.S. sanctions against Iran weighed down on demand. Brent crude slumped by 2.7% to $77.3 a barrel, while WTI crude slipped by 0.3% to $73.94 a barrel.
read more... 03/07/2018
Sysco agrees 25-MW solar garden programme with NRG Energy
US power company NRG Energy Inc will install 25 MW of solar gardens in Texas to meet about 10% of the national electricity usage of food products distributor Sysco Corporation.
read more... 08/06/2018
EBRD, IFC, FMO to finance improvements to electrical grid, boost PV capacity in Turkey
The EBRD, IFC and Dutch Development Bank (FMO) have announced a partnership to finance improvements to Turkey’s electricity distribution network in the country’s Osmangazi region in western Anatolia.
read more... 05/06/2018
Germany to compensate utilities for nuclear phaseout losses
The German cabinet has agreed to grant compensation of up to EUR1 billion (USD1.17 billion) to the utilities forced to shut down their nuclear power plants by the Energiewende, or energy transition, that the government of Chancellor Angela Merkel introduced in response to the Fukushima Daiichi nuclear power plant accident in Japan in March 2011. At that time, Germany was obtaining around a quarter of its electricity from 17 nuclear reactors operated by EnBW, EOn, RWE and Vattenfall.
read more... 28/05/2018
Britain: Three days without coal in power generation
Coal neglected for three days in a row while generating electricity in Britain.
read more... 25/04/2018