Prices on the French power curve fell on Wednesday after higher wind energy and cooler temperatures sent spot prices lower. “There’s lots of rain in France and Switzerland and lots of hydro...

German utility Energie Baden- Württemburg has added biomass to its energy portfolio the company said on Wednesday. The biomass plant in Ulm in which EnBW has a 50% stake should be responsible for...

Italy’s Eni has become one of the first western oil majors to start producing gas in Iran, it announced on Thursday. Production of gas and condensate has begun in phases four and five of the South...

The European Commission on Wednesday published a report on the use of financial resources allocated for the decommissioning of nuclear plants. Of the 155 nuclear plants currently in operation in the...

The UK government intends to increase the volume of emission allowances allocated to installations in the EU Emissions Trading Scheme (EU-ETS), it announced on Wednesday. It is planning to raise...

Electricity and natural gas prices for industrial and commercial customers in Germany have risen sharply throughout 2004, according to statistics published on Wednesday by the German association of...

While Swedish energy group Vattenfall results for the nine-month period to the end of September 2004 showed a 1% drop in sales to SEK 80.96 billion (EUR 8.97billion) on the same quarter of 2003, net...

World electricity demand is expected to double between now and 2030, according to a new report from the International Energy Agency (IEA). According to the IEA’s World Energy Outlook 2004 report, the...

Milan is expected to announce the placement with institutional investors of an 8.8% stake in electricity and gas utility AEM Milano (AEM) during the next few days, according to local media reports. A...

Norwegian reservoir levels decreased by 0.4 percentage points in week 43, according to latest data supplied by the Nordic power exchange, Nord Pool. Norwegian reservoir levels fell to 79.3% fullness...

Norwegian energy group Hafslund has reported a NOK 440 million (EUR 53.9 million) operating profit before depreciation for the third quarter of 2004, down NOK 33 million (7%) from the same period...

Peter Taff, head of European operations at Centrica, will take early retirement at the end of the year, and will be available for lucrative consultancy and/or writing adaptations of classic rock...

Energias de Portugal (EDP) has agreed an option to buy 20% of the CCGT plant Turbogas and 27% of its operator Portugen for EUR 55.67 million, the group said on Wednesday. In the agreement signed with...

The executive chairman of Spain’s largest oil and gas company Repsol YPF resigned on Wednesday amid rumours that the move heralds a three-way merger between the oil major, Gas Natural and...

RWE npower, the UK energy subsidiary of Germany’s RWE, is considering the construction of a large-scale gas-fired power plant in south west Wales. The company submitted an application to the National...

Anglo-Dutch oil and gas exploration and production company Royal Dutch/Shell has announced a 70% increase in profits for the third quarter compared with the same period last year. The company posted...

The Royal Dutch/Shell group plans to abolish its twin board structure in a bid to improve decision making and accountability and address its oil and gas reserves crisis which saw four downgrades this...

BEB Transport und Speicher, the north German gas transport and storage joint venture of Shell and ExxonMobil, is planning to further develop its entry/ exit grid access system as the launch of...

Spanish power utility Endesa reported flat net profits for the first nine months on Wednesday after lower wholesale pool prices were outweighed by higher tariffs and prices paid by end-users. Net...

Swiss hydropower reservoir levels decreased by 0.4 percentage points last week to 85.9% — down 3.7 points from the highest level recorded so far this year (89.6% fullness in week 39), according to...