Latest news
Dutch power operator Alliander receives €300 million EIB loan
Dutch network company Alliander’s subsidiary, Liander, will receive a loan of €300 million from the European Investment Bank (EIB) to upgrade and enlarge the Netherlands electricity grid.
read more... 09/08/2017
Siemens Gamesa to provide 27 wind turbines in Germany
Siemens Gamesa will supply four onshore German projects with wind turbines. The contract signed by the company stipulates that the four projects that will benefit from the wind turbines will provide electricity to around 80,000 households.
read more... 08/08/2017
Daily (01.08.2017): European spot electricity prices soared by 60-70% on Monday on high air conditioning demand
Oil was slightly bullish near two-month highs on Monday, putting July 2017 to become the strongest month so far this year. Tightening U.S. market after heavy inventory falls and slower new oil rig additions supported the prices. Sentiment in the oil market is very bullish as some OPEC and non-OPEC members will meet on Aug. 7-8 in Abu Dhabi to assess compliance with production cuts. Also, the U.S. is considering imposing sanctions on Venezuela's oil sector, pushing up the prices. Brent crude rose by 0.25% to $52.65 a barrel, while WTI price rose by almost 1% to close at $50.17 a barrel.
read more... 01/08/2017
Renewable power accounted for nearly 90% of Europe’s new power in 2016
Renewable power sources added to the European electricity grid accounted for nearly 90% of last year’s new power, which is a sign of the continent’s transition to clean energy.
read more... 01/08/2017
Iberdrola to enter Italy's retail electricity market by the end of the year
Spanish utility Iberdrola will enter Italy's retail electricity market by the end of the year and is aiming 5-7 percent of the nation's over 37 million consumers, one of the group's top managers declared on Tuesday.
read more... 19/07/2017