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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

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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

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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

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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

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Daily (21.03.2017): European spot power prices skyrocket over 50% on stronger demand, tight supply

Crude oil prices lost ground on Monday despite news that OPEC was supportive of extending a six-month deal to cut output as investors continue to be worried about increasing U.S. oil output and high inventories.

read more... 21/03/2017

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