Latest news
PGE decides to acquire EDF's Polish power plants for $1.2 billion
Poland's biggest electricity producer PGE has decided to purchase French group EDF's local power and heating plants for 4.51 billion zlotys ($1.2 billion) counting debt, in a move to raise market share and give the state more control over the country's energy assets.
read more... 22/05/2017
Armenia: Hydropower plants can reach a 40% share of electricity generated
Armenia’s hydropower plants can produce a share of 40% of the total electricity volume, according to a recent statement of the Armenian deputy minister of energy infrastructure and natural resources Hayk Harutyunyan.
read more... 18/05/2017
UK National Grid puts on hold development consent for Moorside nuclear project power line
National Grid suspended the development approval for a proposed electricity line connecting Britain’s transmission network to the Moorside nuclear project in northwest England.
read more... 17/05/2017
Germany and Austria power market split is set to start in October 2018
Electricity transmission companies from Germany and Austria will split their currently joined power markets from Oct. 1, 2018, aiming to allow more traffic at reduced costs and less technical risks, as stated by regulators in both countries on Monday.
read more... 16/05/2017
Daily (15.05.2017): European spot electricity prices fell by 10-13%, EUAs at 4.5 euros/ton again
Oil prices slightly grew on Friday, boosted by the news about lower U.S. crude inventories and traders’ hope that the global supply glut can be reduced by continued OPEC-led production cuts.
read more... 15/05/2017