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Daily: European forward electricity prices near to 2016 high tracking gains in oil markets
Crude prices climbed on Thursday, with Brent ending above $50 a barrel the first time in seven months, after the latest decline in U.S. crude inventories compensated OPEC’s failure to establish a ceiling for its production. U.S. West Texas Intermediate (WTI) crude futures rose by 16 cents, or 0.3 percent, to close at $49.17 a barrel. It had eased more than $1 earlier. Brent futures boosted 32 cents, or 0.6 percent, to settle at $50.04, after hiking at $50.30. It was its first settlement above $50 since November 3.
read more... 03/06/2016
German renewable electricity increased but coal still dominates
Green power generation in Germany rose to 194 billion kWh last year.
read more... 01/06/2016
Daily: European spot electricity prices ease on robust renewable production in Germany and France
Crude oil prices declined for a second consecutive day on Friday as some investors took profit on a hike to seven-month highs while others concerned about robust production with market hovering close to $50 a barrel. Brent crude eased 27 cents, or 0.5 percent, to settle at $49.32 a barrel. It climbed to $50.51 in the previous session, its highest level since early November. U.S. crude shed 15 cents, or 0.3 percent, to close at $49.33. It reached an October high of $50.21 on Thursday. On the week, Brent posted a 1 percent increase and U.S. crude about 3 percent, spurred by gains from earlier this week.
read more... 30/05/2016
EU clarifies DONG Energy and Danish operator’s electricity agreement
The European Commission established that a power agreement between the Danish transmission system operator and DONG Energy does not break state aid regulations.
read more... 24/05/2016
World Bank grants $625m loan to India’s solar power push
The World Bank Board approved a $625 million loan to support the Government of India’s program to generate electricity from widespread installation of rooftop solar photovoltaic (PV).
read more... 17/05/2016