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Media: Shell pulls out of the Danish North Sea

Shell will sell its shares in the Danish Underground Consortium (DUC), which holds the majority of oil production in the Danish North Sea shelf. This is according to news media Reuters based on information disclosed by three anonymous bank sources.

Photo: Royal Dutch Shell PR

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MEPs hesitate on free electricity market in Europe

Today, the EU Parliament's energy committee will vote on its negotiation position regarding several pieces of important energy legislation. But similar to member nations, the MEPs are struggling to agree on whether to let power flow freely in all of Europe in a full-on inner energy market.

German wind prices rise by one fifth

After dramatic price decreases and major criticism of German onshore wind auctions, the average price saw a significant boost in the first auction since the provisional tightening of the rules for citizen projects. Solar power is thus cheaper than wind.

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