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Eggborough Power to shut down 2GW coal-fired power plant in Yorkshire

Eggborough Power intends to phase out its 2GW Eggborough coal-fired power plant in North Yorkshire, England at the end of September 2018 after it failed to secure a contract to supply back-up electricity generating capacity for 2018/2019.

read more... 06/02/2018

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Daily (06.02.2018): German Spot Electricity Price Hiked by 17% on Monday Due to Higher Demand

Oil prices ended lower on Monday as U.S. output increases, a weaker physical market and recent dollar strength added to the pressure from an extensive decline across equities and commodities markets. Brent crude slumped by 1.4 percent, at $67.62 a barrel. WTI tumbled by 2% to $64.15 per barrel.

read more... 06/02/2018

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Myanmar encourages the construction of LNG power plants

Myanmar's government has given the green light to French energy giant Total and other companies to build proposed power plants as the country lacks electricity.

read more... 05/02/2018

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Daily (02.02.2018): German spot electricity price hiked by 19.1% on Thursday due to higher demand

Oil prices surged on Thursday after a survey showed that OPEC's commitment to its supply cuts is still in place, even if U.S. output hit 10 million barrels per day for the first time since 1970. Brent crude settled 0.9% higher at $69.65 per barrel. WTI crude ended at $65.8 per barrel, up 1.7%.

read more... 02/02/2018

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European electricity sector to play a major role in sustainable generation

The European electricity industry engaged in playing the main role in the switch to a more sustainable energy production.

read more... 30/01/2018

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