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Rosatom requested to build Chinese nuclear power plant

Russian State Atomic Energy Corporation Rosatom has been invited to take part in the planning of a nuclear power plant in the Jiangsu province.

read more... 18/08/2017

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Europe registers a 39% jump in renewable power demand

As stated in a report by the Association of Issuing Bodies (AIB), Europe’s demand for power has rocketed by nearly 39% in comparison to last year. The contributing factor to this rise is the escalation of the number of people that have acquired renewable energy contracts through Guarantees of Origin.

read more... 18/08/2017

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Daily (18.08.2017): European carbon prices hit €6 on Thursday to reach a new 5.5-month high

Oil prices rose on Thursday as the EIA data showed commercial U.S. crude stocks have dropped by almost 13%, being at present lower than in 2016. Traders consider that the oil market is becoming more balanced and U.S. stocks might fall below the 5-year average in next 2 months. However, increasing U.S. output has been undermining efforts by the OPEC and non-OPEC producers to drain a global fuel glut. Brent edged up by 1.5% to $51.03 a barrel, while WTI price surged by 0.66% to end at $47.09 a barrel.

read more... 18/08/2017

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Switzerland to join the EU carbon market

The Swiss Federal Council has made the decision to endorse into a project that will join the Swiss carbon market with EU’s.

read more... 18/08/2017

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GE builds pumped hydro plant to stabilize Israeli power grid

A new pumped-storage hydroelectric plant, that will be essential to the rebalancing of the Israeli power grid, will be developed by GE Renewable Energy.

read more... 17/08/2017

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