Latest news
Supply squeeze to increase European gas price variability
Europe deals with higher instability in natural gas prices since delayed Russian gas acquirements bounce stored reserves and curbs on Dutch output tighten supply.
read more... 11/02/2015
Regulator authorizes Franco-Italian electricity market coupling
France and Italy will turn into the latest countries in Europe to connect their day-ahead power markets in February, as stated by French regulator CRE on Tuesday, aiming at better pricing electricity across Europe and diminishing supply risks.
read more... 11/02/2015
Daily: European forward power prices soar to six-week highs on higher gas, carbon prices
Crude oil prices tumbled declined for the first time in four sessions on Tuesday after the International Energy Agency (IEA) warned that solid supplies will increase global stockpiles before investments cuts started to considerably sap production. Brent crude for March delivery dropped by $1.91, or 3.3 percent, to settle at $56.43 a barrel, having slipped as low as $56.11. WTI March crude futures fell $2.84, or 5.37 percent, to close at $50.02 a barrel, after declining to $49.86.
read more... 11/02/2015
Partners to sign for Norwegian-German electricity cable of 1.5-2 billion euro
Norwegian and German power grid firms and Germany's development bank KfW should make the final investment decision on a 1.5-2 billion euro ($1.7-2.3 billion) power cable between the two countries on Tuesday, as stated by associates.
read more... 10/02/2015
Latvia intends to divide gas utility aiming to liberalize market
Latvia plans to split utility Latvijas Gaze next year, according to the economy minister on Friday, in order to be in line with EU liberalization efforts and with the aim to reduce dependence on Russian natural gas imports.
read more... 09/02/2015