Latest news
Ofgem awards the operation licence for UK-France power interconnector
UK energy watchdog Ofgem has gave the greenlight for a 1.1 billion pound ($1.45 billion) undersea and underground electricity cable linking Hampshire with Normandy in France.
read more... 15/09/2016
Daily: French spot electricity prices buoyed by higher consumption, weak nuclear output
Crude oil futures closed higher on Monday lifted by a weaker dollar and stronger U.S. equity markets which offset worries about increasing drilling activity for oil in the United States. Prices also received a boost from forecasts that U.S. shale oil production could dip for an 11th consecutive month in October. Brent crude rose 31 cents, or 0.7 percent, at $48.32 per barrel. U.S. West Texas Intermediate crude gained 41 cents, or nearly 1 percent, to settle at $46.29.
read more... 13/09/2016
German battery manufacturer Solarwatt envisages growth with E.ON
Solarwatt, a German maker of batteries that store electricity generated by domestic solar panels, anticipates to more than double sales next year compared with 2015 due to a new agreement with E.ON, as it stated on Tuesday.
read more... 08/09/2016
Daily: European spot electricity prices finish on a mixed note, German contract lifted by stronger consumption
Crude oil prices rebounded on Wednesday , supported by a sharp decrease of the dollar a day before, while the market was still trying to assess the chances of a deal between two of the largest oil producers to freeze oil production. U.S. WTI settled up 67 cents at $45.50 a barrel, a third consecutive session of gains, after U.S. inventory data showed the largest weekly stock draw in over three decades. Brent futures boosted 72 cents to end at $47.98 a barrel.
read more... 08/09/2016
Nova Innovation has marked a new era in tidal energy
The Edinburgh-based company Nova Innovation has announced it has installed the first offshore tidal turbines in the world which are already delivering electricity to the grid. The company has installed the fully operational array of tidal power turbines in the Bluemull Sound in the north of Shetland, where the North Sea encounters the Atlantic. This project marks a big step forward in using tidal energy as a reliable source of renewable power. Once finished it will supply enough electricity for about 300 households.
read more... 31/08/2016