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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

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Daily: European spot power drops due to higher German solar production, lower power demand

Global crude oil prices posted a slight drop on Thursday, dragged down by pessimistic economic data from China and by an OPEC’S forecast showing a recovery in oil exports from Libya.

read more... 11/04/2014

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Slovakia: budget raise to finish Mochovce nuclear plant approved by government

The Slovak government has consented to increase the budget by 400 million euros to 3.8 billion euros for the conclusion of two new divisions at the Mochovce nuclear power plant, according to the company which is responsible for building the plant.

read more... 10/04/2014

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UK warns it may possibly not purchase power from an independent Scotland

Britain may possibly not purchase power from an independent Scottish state if imports from other markets are less expensive, according to the warning made by UK government, pressuring Scotland five months before its sovereignty vote.

read more... 10/04/2014

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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

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