Cooler weather that cut air conditioning demand and more renewable supply pushed central European day ahead power lower on Tuesday as good supply from the Balkans
European spot power prices were weighed down by recovering solar electricity supply forecasts on Tuesday, having risen in recent days on a lack of wind and sun which curbed renewables output.
E.ON, Germany's biggest utility, is banking on investors to help it catch up with European rivals in renewable power, unable to shoulder large projects on its own as it battles to cut debt.
Offshore Wind Services’ (OWS) latest Damen vessel – the Fast Crew Supplier 2008 Offshore Waddenzee - was officially named at Damen Oranjewerf Amsterdam, on August 22.
Increasing consumption combined with forecasts for less renewables generation in the region pushed central European day ahead power prices higher on Monday, traders said.
European spot power prices rose on Monday on forecasts for weak renewable power production and rising demand in the region.
German day-ahead baseload for Tuesday delivery was 4.
After Japan’s 50 nuclear reactors closed following the Fukushima disaster, wind is now seen as an important alternative energy source. But in a crowded and mountainous
Forecasts for higher wind power generation and lower demand at the weekend sent central European day-ahead power prices lower on Friday, traders said.
On regional exchanges,
Forecasts for an increase in wind power output and lower demand sent central European day-ahead power prices lower on Thursday, traders said.
On regional exchanges,
Swiss engineering group ABB has developed technology that can double the power flow of underground cables, making it cheaper to integrate electricity into the grid from distant offshore wind farms.
Series 4000 gas generator sets built by MTU Onsite Energy, a Rolls-Royce Power Systems subsidiary, have been certified as compliant with the medium-voltage directive
Britain will hold its first auction for standby power capacity on Dec. 16, a model that will serve as a blueprint for other European countries planning to operate
German engineering group Siemens said on Thursday it won a wind turbine order worth almost 650 million euros ($862 million) from Norwegian utilities Statoil and Statkraft.
CWind, a provider of integrated services to the offshore wind industry, announced it has appointed Jemma Eaton to the board of directors as Commercial Director.
European spot power prices rose on Wednesday, boosted by forecasts for a drop in German wind power output.
German day-ahead baseload for Thursday delivery rose by 4.
Central European day ahead power gained on Wednesday on expectations for low wind generation levels in the region as limited exports kept Hungarian spot prices at a premium, traders said.
Danish wind turbine maker Vestas Wind Systems posted much higher than expected second-quarter earnings and slightly increased its guidance for the full year, signaling
Havyard says that newbuild number 118 has arrived from Turkey at the yard in Leirvik, being the first of two vessels that will be outfitted to provide service and
3sun Group, energy industry product and service provider, has secured a contract with MHI Vestas Offshore for the electrical and mechanical completion of 73 V112-3.
Steady wind power output and increased availability of conventional power generation sent central European day ahead power prices lower on Tuesday, traders said.