Latest news
Europe forms single power market covering 70% of customers
Power grids and exchanges in southern and north-western Europe connected markets on Tuesday covering approximately 70 percent of European customers, which will contribute to unified power pricing while diminishing risks of supply.
read more... 14/05/2014
Germany: warning of the medium-sized groups on high-energy costs
The mid-sized industrial conglomerates in Germany warned on Monday that elevated energy costs generated by the country's move towards renewable power would damage their competitiveness over the next two years and appealed to the government to put a restriction on prices.
read more... 13/05/2014
Daily: European spot power prices spurred by tight thermal capacity, healthy demand
U.S. crude futures posted a modest fall on Friday after U.S. government data on Wednesday showed a drop in crude supplies last week for the first time since late March, even if total supplies are still at record highs. Meanwhile, Brent crude inched down as traders were pending for further developments in the Ukrainian crisis.
read more... 12/05/2014
Greek power grid company – point of interest for Chinese, Italian investors
Greek power grid operator ADMIE is point of interest for five companies since the government plans to vend a controlling stake, as stated on Friday by the utility PPC controlled by state.
read more... 12/05/2014
Shanghai Electric acquires stake in Italian power engineering company
Shanghai Electric Group has decided to acquire 40 percent of power engineering company Ansaldo Energia estimated at 400 million euros ($555 million), turning into the latest Chinese firm to purchase into Italy's economic revival.
read more... 09/05/2014