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Spain on the point of endorsing new renewable energy rules

The Spanish cabinet might consent on Friday a decree that will reduce renewable energy subsidies as part of an obligation to diminish a 30 billion euro ($41 billion) power tariff deficit, developed during years of maintaining prices below regulated costs.

read more... 30/05/2014

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ICE Endex: German power contracts will be launched next month

German power futures and options contracts will be launched on the European energy exchange ICE Endex on June 10, as stated by the parent company Intercontinental Exchange Group on Tuesday.

read more... 28/05/2014

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Norway: Statnett welcomes UK power connection rule suggestions

Suggested UK regulations on running power links to Europe have raised the chances of setting up the first power connection between Britain and Norway, according to the statement made on Monday by Norwegian power grid company Statnett.

read more... 27/05/2014

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Daily: European spot power prices increase on temperature changes, higher demand

Brent crude slipped to about $110 a barrel on Monday, declining from the two-and-a-half month high touched the previous week, curbed by presidential election in Ukraine which raised hopes of a political stability in the country.

read more... 27/05/2014

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Italy: Ansaldo Energia to acquire British nuclear decommissioning company Nes

Italian power engineering firm Ansaldo Energia, controlled by the state, has consented to purchase British nuclear decommissioning company Nuclear Engineering Services (NES) for approximately 36 million euros ($49 million), as stated by Italy's state fund FSI.

read more... 23/05/2014

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