Energy Update

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WARSAW, Sept 8 (Reuters) - Poland needs to take urgent steps to avoid a repeat of this summer's power blackouts, a lobby group representing the country's biggest electricity generators said on Tuesday.

Running a solar installation business isn’t easy. Whether it’s a small local installer working on one system a week on neighborhood homes, or a large installer working on 500 systems a week in multiple states, the logistics, engineering, financing, customer relations and project management are daunting.

LONDON, Sept 8 (Reuters) - A rare run of strong European refining profits will extend to the end of the year and beyond due to extensive plant maintenance, strong fuel demand and low crude oil prices, beating earlier expectations, analysts said.

LUSAKA, Sept 8 (Reuters) - An electricity shortage and weaker copper prices have put pressure on Zambia's mining industry, threatening output, jobs and economic growth in Africa's No. 2 producer of the metal.

WARSAW, Sept 8 (Reuters) - The Polish government approved on Tuesday a plan to transfer part of its stakes in gas group PGNiG , utility PGE and insurer PZU into an investment fund that will use them as collateral to raise cash for troubled miner Kompania Weglowa.

Investors are pulling back from wind farms in Nordic nations as the lowest electricity prices in 12 years cut the profitability of new projects.

KHOBAR, Saudi Arabia, Sept 8 (Reuters) - Saudi Arabia's ambitious plans to become a world leader in installed solar power appear to have run into the sand amid disagreements over their scale, ownership and technology.

LONDON, Sept 8 (Reuters) - A look at valuations illustrates how regulatory concerns and stubbornly low energy prices have stoked investor anxiety over Royal Dutch Shell's planned takeover of British rival BG Group.

MUNICH, Sept 8 (Reuters) - The German state of Bavaria will press the federal government to reduce supports for renewable energy, a high-ranking local policymaker said on Tuesday, calling the cost of green power a threat to economic growth.

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