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EnBW offers 550 million euros in cash for Prokon

Germany's third-largest utility EnBW is bidding 550 million euros ($609 million) for insolvent wind park operator Prokon, expecting its all-cash offer will undermine a competing restructuring proposal that gives Prokon a higher assessment.

read more... 25/05/2015

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German CO2 emissions in 2014 dropped by 4.1% in EU trade scheme

German carbon dioxide (CO2) equivalent emissions regulated under the European emissions trading scheme (ETS) in 2014 dropped by 4.1 percent to 461.2 million tonnes, as indicated by official national data published on Friday.

read more... 25/05/2015

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Daily: European electricity curve on weaker thermal power prices

Oil increased for a second day on Thursday and reached $66 a barrel, encouraged by expectations that a global supply glut will reduce and by fighting in Iraq.

read more... 22/05/2015

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Croatia’s HEP signs 3-year agreement to supply electricity to Slovenia’s capital

Croatian state-run power utility HEP declared on Thursday it had inked a 12 million euro ($13.4 million) agreement to supply power to the capital of bordering Slovenia over the next three years, since it aims to expand in the region.

read more... 22/05/2015

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Daily: European prompt electricity prices as supply increases, German demand stable

Oil prices increased on Thursday, sustained by a drawdown in U.S. crude inventories even though weak China data and worries about excess oil supply limited price gains.

read more... 21/05/2015

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