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EU desires more flexible household power prices
The European Commission's planned reform of Europe's electricity system will comprise suggestions to make power retail markets and prices more flexible, as stated by Europe's energy chief on Monday.
read more... 02/06/2015
Daily: UK gas prices tumble on supply glut
Crude oil prices rose by about 5 percent on Friday, their largest hike in 1-1/2 months, as a constant U.S. dollar and a bigger than expected decline in U.S. oil rigs in operation compensated a fresh rush of bullish bets. Brent crude closed at $65.56 a barrel, up $2.98, or 4.8 percent, on the day. It was flat on the week, while for the month, it declined by 2 percent. U.S. crude has increased by as much as $4 a barrel after touching a one-month low just a day ago. WTI crude closed at $60.30, up $2.62, or 4.5 percent, on the day, and up about 1 percent on both the week and month.
read more... 01/06/2015
French lawmakers reinstate nuclear reduction goal, decisive vote in July
The lower house of parliament in France ratified a version of the nation's energy transition law on Tuesday that reinstates main nuclear reduction targets diluted in March by the upper house Senate controlled by the Opposition.
read more... 27/05/2015
German CO2 emissions in 2014 dropped by 4.1% in EU trade scheme
German carbon dioxide (CO2) equivalent emissions regulated under the European emissions trading scheme (ETS) in 2014 dropped by 4.1 percent to 461.2 million tonnes, as indicated by official national data published on Friday.
read more... 25/05/2015
Daily: Oil retreats from 2015 high on dollar appreciation, record exports from Iraq
Crude oil prices retreated from 2015 highs on Friday after posting their largest monthly gains for six years in April as Iraq announced its oil exports hit a record in April and amid pressure from a dollar appreciation. Brent crude for June delivery dropped by 32 cents to settle at $66.46 a barrel. However, it posted a 21% increase in April. U.S. June crude eased 48 cents to close at $59.15, after recording a 2015 high of $59.90 and recovering from a $58.32 intraday low. U.S. crude futures boosted 25% last month. Both Brent and WTI crude traded thin as major markets were closed for the May Day holiday.
read more... 04/05/2015