Latest news
Daily: European spot power prices trade higher on weak German wind power output
Crude oil boosted on Wednesday backed by a considerable increase in U.S. gasoline stocks, encouraged by gains in the stock market and heavy spread trading. Brent crude for August delivery rose 40 cents to settle at $101.66 a barrel, while U.S. crude traded 18 cents up to settle at $95.50 a barrel. The Brent benchmark traded down 8.5 percent for the quarter, its third quarterly consecutive loss, having declined after Fed Chairman Ben Bernanke performed a roadmap last week to slow bond buying and on concerns about an economic slowdown in China.
read more... 27/06/2013
Obama wants to save the world?
President Barack Obama has revealed yesterday the most ambitious plan that a US president has ever set. The plan includes measures to curb carbon-dioxide emissions from power plants, the largest source of emissions in the U.S. The limits are intended to help reduce carbon emissions by three billion metric tons by 2020.
read more... 26/06/2013
China ranks first among top renewables energy investment sites
China currently offers the greatest opportunities in the world for renewable energy investment, while India has the strongest potential for conventional power investors, according to a report released by analysts at PA Consulting - ‘Mapping Energy Investment Potential Around the World’.
read more... 26/06/2013
Daily: German year-ahead power contract hits an eight-year low
Brent crude futures traded below $101 a barrel on Monday, hit by a stronger dollar and worries about passive growth in demand for oil in the United States and China. Meanwhile, Brent crude dropped 25 cents at $100.66 a barrel by 02:41 GMT on Monday and U.S. oil slipped 9 cents to $93.60 a barrel.
read more... 25/06/2013
ENEL to sell its Marcinelle power plant in Belgium to Gazprom
Italy's Enel SpA has decided to sell its Marcinelle power plant in Belgium to Russia's OAO Gazprom, for 227 million euro on a cash and debt free basis, as the biggest Russian company intends to enhance its presence in Europe's power production sector where it supplies 25% of gas requirements.
read more... 24/06/2013