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Daily: European forward power prices plunge along loses in fuel, carbon prices
Oil markets increased on Friday to stop a two-day decline, aided by expectations that data later in the day would demonstrate a constant drop in the U.S. oil rig count, a clear sign of the pressure the fall in crude has put on crude producers.
read more... 20/02/2015
CEZ thinks about bidding for Vattenfall’s German lignite and hydro assets
Czech electricity producer CEZ will think about an offer for Vattenfall's lignite power plants in Germany and might also be interested in its hydro assets, as it stated on Thursday.
read more... 11/02/2015
Regulator authorizes Franco-Italian electricity market coupling
France and Italy will turn into the latest countries in Europe to connect their day-ahead power markets in February, as stated by French regulator CRE on Tuesday, aiming at better pricing electricity across Europe and diminishing supply risks.
read more... 11/02/2015
E.ON to divest its Italian coal and gas generation assets in the Czech Republic
German-based power utility E.ON is planning to divest its Italian coal and gas generation assets to Czech energy company Energeticky a Prumyslovy Holding (EPH).
read more... 15/01/2015
Daily: Oil strikes the lowest level since April 2009 on U.S. oil rig figures
Global oil markets resumed their decline on Friday, with Brent and U.S. crude striking lows lastly seen in April 2009 and closing down for a seventh consecutive week. Brent crude broke below $49 a barrel but settled above the $50 support level after oil services firm Baker Hughes announced the sharpest drop in 24 years in the number of U.S. oil drilling rigs. Brent crude declined 85 cents to close at $50.11 a barrel, after slipping previously to $48.90. WTI crude fell 43 cents to settle at $48.36, having touched $47.16 earlier.
read more... 12/01/2015