Latest news
Vattenfall demands Sweden to abolish nuclear tax to save reactors
State-owned Swedish utility Vattenfall called on Wednesday to end tax on nuclear power in Sweden to avoid early closure of its loss-making nuclear reactors and probable increase in electricity prices.
read more... 28/04/2016
German wholesale electricity for 2017 rise by 7.5% attaining 26.5 eur/MWh
German baseload wholesale electricity price for delivery in 2017 touched 26.5 euros ($29.97) a megawatt hour in Tuesday trading, or an increase of 7.5 percent on the day and the most elevated level thus far in 2016.
read more... 27/04/2016
Daily: European forward electricity prices hit the highest level in 12 weeks amid firmer fuels
Crude oil prices shed on Thursday as producers insinuated more output, while U.S. stockpiles registered their first loss in four sessions. The euro was down against the dollar after traders saw potential for the European Central Bank to eventually boost its stimulus measures if necessary. WTI crude oil prices eased 2.3 percent to settle at 43.18 a barrel. Brent crude declined 2.8 percent to close at $44.53 a barrel.
read more... 22/04/2016
Britain: National Grid will pay companies to use electricity this summer
A dozen British firms will be paid to use power under a scheme National Grid will start next month intended at balancing the system in summer, when production is high from green energy sources such as wind and solar.
read more... 22/04/2016
Daily: European electricity forward prices surpass 10-week highs on coal price recovery
Crude oil prices tumbled on Friday on anticipations that a weekend meeting of top oil exporters will have little impact on reducing an exacerbated glut, even if would provide a ceiling for the market. Brent crude futures eased 74 cents to close at $43.10, while U.S. crude settled down $1.14 cents at $40.36. Both contracts declined by more than 3.5 percent earlier in the day.
read more... 18/04/2016