Latest news
Poland's cleaner power imports pile pressure on coal energy
Poland is on track to import a record amount of electricity this year as power traders buy cheaper and cleaner electricity from neighboring countries, reducing demand for the mostly coal-fired energy produced by state-run utilities.
read more... 21/10/2019
Daily (04.10.2019): The EUAs hit a six-month low on Thursday, pressured by mounting recession concerns
Crude oil prices slightly diverged on Thursday. WTI futures edged down by 0.4% to $52.45 a barrel, amid mounting crude demand worries, after pessimistic services sector and job growth figures in the U.S. added to the bearish macroeconomic tone set by earlier weak manufacturing readings. A stall in the Euro zone business growth reported for September also kept market under pressure. However, losses were capped by data showing lower U.S. oil output in July. Meanwhile, Brent crude was a shade higher at $57.71 a barrel, on hopes that a positive development might occur in the U.S.-China trade talks when these will resume on October 10.
read more... 04/10/2019
Construction on 6 GW wind power project kicks off in north China
Construction on a wind power project with a power generating capacity of 6 GW began Thursday in north China's Inner Mongolia Autonomous Region.
read more... 27/09/2019
Rosatom postpones fast reactor project, report says
Rosenergoatom, the nuclear power plant operator subsidiary of Russian state nuclear corporation Rosatom is expected to receive about RUB280 billion (USD4 billion) less in state funding for the construction of new nuclear reactors in Russia owing to the postponement of its fast neutron reactor programme, Russian newspaper Kommersant reported last week, citing anonymous sources.
read more... 14/08/2019
France's Akuo Energy, IEL Energie sign MoU to develop wind farm in Serbia
France's Akuo Energy and IEL Energie have signed a memorandum of understanding (MoU) with Serbia's autonomous province of Vojvodina for the construction of the Basaid wind farm, Serbian energy minister Aleksandar Antic said.
read more... 18/07/2019