Latest news
Daily: European spot electricity prices jump on colder weather, weaker wind power supply
Brent crude oil boosted more than $1.50 on Monday as violence intensified in Ukraine and as Western powers decided to expand sanctions against Russia, while U.S. crude posted a modest gain on positive retail sales figures that gave assign that U.S. economy is rebounding.
read more... 15/04/2014
French court enacted backdated electricity price increases for households
Approximately 29 million French households and small businesses deal with a retrogressive increase in their power bills after the country's administrative Supreme Court annulled on Friday a 2012 ceiling on raises to regulated electricity prices. The pronouncement is applicable to power bills between August 2012 and August 2013.
read more... 14/04/2014
Fortum: Norwegian power distribution business likely be sold to Hafslund
Finnish utility Fortum declared on Wednesday it intends to vend its Norwegian electricity distribution business and its share in Fredrikstad Energi and Fredrikstad Energi Nett to Hafslund based in Norway.
read more... 09/04/2014
Alpiq purchases UK’s Flexitricity to have access to power management market
Swiss energy firm Alpiq declared on Tuesday it had bought British electrical service company Flexitricity, since it want to tap into electricity demand management market.
read more... 08/04/2014
China: Coal consumption continues to grow
China is dealing with a big air quality problem, so recently the Government has announced that they will reduce their coal consumption share from its current 67 percent to 65 percent by 2017. The country intends to convert coal in syntethic gas, but this will result in more carbon dioxide emissions released because converting coal to make synthetic gas and then combusting the gas to make electricity will double the amount of carbon dioxide emissions released in the atmosphere.
read more... 31/03/2014