Latest news
Germany: RWE to mothball another 1, 000 MW of capacity
RWE AG, Germany’s second-largest utility, decided to mothball 1, 000 MW of plant capacity, citing low demand for electricity which made the plants unprofitable.
read more... 14/08/2014
UK wind power hits a new record in August
This past Sunday night, at about 10 pm local time, the UK’s wind energy industry set a fresh hourly output record, delivering an average of 5 GW of power over the hour and covering 17 per cent of national demand, according to trade association RenewableUK.
read more... 13/08/2014
IEA slashes oil demand forecast for 2014-2015
Worldwide demand for oil was expected to escalate by 1.3 million barrels per day in 2015, a 30 percent increase as the economy improves in 2015, the Paris-based IEA said.
read more... 13/08/2014
Daily: British prompt gas prices climb despite weak demand, supply glut
British natural gas prices for delivery next winter increased by 2 percent Thursday morning, spurred by fears that intensifying tension between Russia and Europe could trigger gas supply disruption later in the year.
read more... 08/08/2014
SMA Solar records 7th straight quarterly operating loss on weak demand in Europe, low costs in China
SMA Solar, the biggest solar group by sales in Germany, recorded its seventh straight quarterly operating loss, suffering a major blow from sluggish demand in Europe and low-cost rivals in China.
read more... 07/08/2014