The Irish Commission for Energy Regulation (CER) has refuted claims made in the Irish Times on Monday that the plans for the proposed Ireland-Wales Interconnector are to be abandoned due to a lack of...

Day-ahead Baseload dropped EUR 1.75/MWh on Wednesday as increased wind power supply availability in Germany boosted supply and demand remained constant. A strike among EdF workers that is scheduled...

The judgement against ExxonMobil in its attempt to trigger a price review of its gas supply agreement with Irish ESB is seen by some as inevitable — the complainant is a gas producer, after all — or...

Belgian utility Electrabel will hold its fourth virtual power plant (VPP) auction on 3rd September, the company said on Tuesday. It will offer 415 MW of generation capacity, of which 277 MW will be...

Dutch utility Essent’s German subsidiary Deutsche Essent (DE) has acquired a 51% stake in German power supplier Kom Strom for an undisclosed sum, according to a DE spokeswoman. “We have accumulated a...

A recent judgement against Esso Exploration & Production UK raises questions both about the development of price clauses in gas purchase contracts, and about the definition of a price. A judge in...

Preparatory work is in progress regarding the expansion of the Bogorodchany-Uzhgorod stretch of the Novo-Pskov-Uzhgorod gas trunkline in Ukraine, Naftogaz Ukrainy tells EGM. Novo- Pskov-Uzhgorod is...

Support for the construction of new nuclear power capacity in Finland now stands at around 50% of the population, compared to 40% in 2000 according to an opinion poll commissioned by Finnish...

French union CGT is organising a national strike for EdF and GdF workers on 1st July and 8th July, according to a CGT spokesman. However there will not be a series of daily production cuts as seen...

Gazprom has reported strong financial growth for 2003 - in line with expectations - which it attributes to higher international gas prices, increased domestic tariffs and increased sales volumes,...

Italy’s electricity tariffs for residential customers are to be raised by 1.2% in the third quarter of 2004 due to higher oil prices resulting in higher generation costs, the country’s energy...

MiscellaneousReserves - The world’s proven oil reserves went up by 10% to 1.15 trillion barrels and gas reserves by 13% to 176 trillion cubic metres last year, compared to previously reported...

Norwegian reservoir levels increased by 2.8 percentage points in Week 26, according to the latest data supplied by the Nordic power exchange, Nord Pool. Norwegian reservoir levels rose to 58%...

The UK Office of Fair Trading (OFT) will not refer Scottish and Southern Energy’s (SSE) acquisition of Atlantic Electric and Gas to the Competition Commission, it said on Wednesday. SSE paid £90.7...

Thorhild Widvey, a former Norwegian deputy foreign minister, has replaced oil and energy minister Einar Steensnaes. Widvey, by her own admission has no formal experience of the oil sector. She said...

POGC expects net profit for this year to come to around $100 million according to reports in the Polish press. This compares with a net profit last year of $79.5 million. (PLN 309.1 million)...

Eurelectric, the union of the electricity sector, has appealed to the EU to “let markets work” for both power and emissions - adding that political or regulatory involvement could have detrimental...

Russia’s oil and gas company Lukoil has bought Italian Eni’s 50% stake in joint venture LUKAgip. LUKAgip owns 10% of the Shah Deniz project, 8% of the associated midstream gas marketing entity, the...

The south and west of Spain fell victim to power cuts on Tuesday as a heat wave brought soaring temperatures of over 40ºC (104ºF), increasing demand and burdening the already tight system. The...

The UK government must continue to apply pressure on both the US and Russia to ratify the Kyoto Protocol, the House of Lords urged in a report published on Wednesday. With the environmental treaty...