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Nordic power bourse likely to expand in Europe
Nordic power exchange Nord Pool is likely to expand spot electricity trading to Germany, France and Belgium next year, to compete with French-German EPEX Spot, as stated by its chief executive.
read more... 22/02/2016
French energy law might shut down third of EDF
France's energy transition law could oblige state-controlled utility EDF to shut down around a third of its 58 nuclear reactors by 2025, the state audit office declared in its yearly report on Wednesday. The Cour des Comptes predicts that the projected reduction of the share of nuclear in French energy output to 50 percent by 2025 from over 75 percent now might lead to the closure of 17 to 20 reactors if electricity consumption and exports stay at present levels.
read more... 11/02/2016
Daily: European electricity spot prices soar on higher consumption in France, lower wind power output
WTI crude prices declined 2 percent on Wednesday as inventories at the main U.S. delivery point at Cushing, Oklahoma touched record highs following production cuts at refineries, while Brent boosted for the first time in five days on global production reduction outlook. U.S. crude eased 49 cents, or 1.8 percent, to close at $27.45 a barrel. It soared more than $1 earlier before plunging to near 12-year lows on the EIA data. Brent crude rose 52 cents, or 1.7 percent, to settle at $30.84 a barrel. It was Brent's first increase since February 2.
read more... 11/02/2016
France inaugurates tender for wood-fired cogeneration plants
France will inaugurate a tender for wood-fired power plants for a total of 50 megawatt (MW) per year for three years and a tender for biogas-fired plants for 10 MW per year for three years, as stated by the energy ministry on Monday.
read more... 09/02/2016
Italy’s ERG to invest in four European countries to spur wind power growth
ERG, the largest wind power producer in Italy, envisages investing in four European countries, including Germany, France, Poland and Britain.
read more... 17/12/2015