Latest news
Polish miner KW affected by crisis needs investors by end-August
Kompania Weglowa (KW), the European Union's largest coal miner which is on the edge of insolvency, has to find investors by the end of August, as stated by its chief executive on Thursday.
read more... 17/07/2015
Germany abandons coal agreement after months of wrangling
Germany has abandoned plans for a tax on coal-fired power plants but will diminish brown-coal electricity generation to maintain its 2020 carbon-reduction targets, as stated by coalition leaders on Thursday.
read more... 03/07/2015
Germany postpones vote on fracking amid coalition dispute over details
The debate about a legislative package regulating the controversial fracking technology was postponed due to concern from within the parties of Conservatives (CDU/CSU) and Social Democrats (SPD), in particular against the involvement of an expert commission. The Lower House of Parliament (Bundestag) was supposed to debate this Friday, the last day before the traditional summer break.
read more... 02/07/2015
Czech EPH accomplishes acquisition of E.ON’s Italian assets
Czech utility EPH has finalized the acquisition of E.ON's coal- and gas-fired power plants in Italy after consenting to the transaction in January, as stated by EPH on Wednesday.
read more... 02/07/2015
Daily: European forward power prices rocket at an eight-week high tracking stronger coal, carbon prices
Crude oil declined for a second consecutive day on Thursday, dragged down by weaker U.S. refined fuels markets and eventual negative impact from Greek debt crisis on European energy demand. Brent crude decreased 29 cents, or 0.5 percent, to close at $63.20 a barrel. U.S. WTI crude declined by 57 cents, or almost 1 percent, to settle at $59.70.
read more... 26/06/2015