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Bulgaria to switch off 40% of wind, solar power capacity

The Bulgarian authorities will switch off about 40% of its wind and solar power plants in order to equilibrate a power system in danger of instability following a considerable excess of capacity after a drop in consumption and exports.

read more... 03/05/2013

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Daily: European power prices at 8-year low as fuel prices fell

Brent crude oil closed near $100 a barrel on Thursday, trading close to two-week lows reached in the previous sessions, dragged down by intensifying worries about the U.S. and Chinese economies which clouded the outlook for oil demand from the top two consumers.

read more... 03/05/2013

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Poland is working on plans for its first nuclear power plant

Poland wants to reduce its dependence on highly polluting coal and expensive Russian gas imports, so it is working hard on its program for introducing nuclear power in its energy mix. At present it is highly dependent on coal, which provides around 90% of the country’s energy.

read more... 03/05/2013

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European power trading volumes uncertain after the 2012 drop

Trading volumes in Europe's major wholesale power markets dropped 12% in 2012, and nearly four months into 2013 the direction of the market is too uncertain to predict. Trading volumes dropped to 8,534 TWh in 2012 in France, Germany, Italy, the Netherlands, Spain, Britain and the Nordic region from 9,645 TWh in 2011, according to estimates.

read more... 02/05/2013

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European top energy companies to launch North Sea Power to Gas Platform

A European consortium composed from eleven top companies have established the North Sea Power to Gas Platform, to jointly develop the concept of Power-to-Gas (P2G) – the conversion of renewable electrical power into a gaseous energy carrier like hydrogen or methane.

read more... 02/05/2013

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