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What are Non Commodity Costs and How They Affect Your Business
Compared to previous years, we can see that the wholesale electricity market in the UK is low. More specifically, average wholesale electricity prices for the past 5 years have fallen more than 14%, with the strongest downturn from 2013 to the end of 2016, when prices declined more than 23%.
read more... 22/03/2017
Construction of new coal-fired power plants fell worldwide in 2016
The amount of new coal power plants tumbled dramatically last year due to policy shifts in China and India and subsequent declining investment prospects.
read more... 22/03/2017
Global CO2 emissions flat for third consecutive year
Global emissions of CO2 stayed flat for the third consecutive year, despite a growth in the economy. According to the International Energy Agency report, the global emissions from the energy sector stood at 32.1 gigatonnes in 2016, unchanged from the previous two years, while the economy grew 3.1%
read more... 21/03/2017
European Commission approves Belgium nuclear reactors
The European Commission stated last week that Belgium government’s support to keep running the three nuclear power reactors which are under the administration of Engie subsidiary Electrabel and EDF Belgium is in agreement with EU state aid regulations.
read more... 21/03/2017
World’s first offshore wind farm is retiring
Denmark wind energy giant DONG Energy, declared last week that it is retiring the world’s first offshore wind farm Vindeby, installed 25 years ago.
read more... 21/03/2017