The Turkish division of Italian producer in the geothermal sector, Exergy, targets to add 100 megawatts (MW) of geothermal power by the end of this year and with an extra 100 MW by 2017, declared Matteo Quaia, deputy general manager of Exergy Turkey.
read more... 15/08/2016
Polish competition authority blocked on Friday Russia’s proposed Nord Stream 2 pipeline in the Baltics.
read more... 15/08/2016
For the first time on record, wind turbines alone in Scotland provided 39.5 GW of electricity to the National Grid, the equivalent of the country’s total electricity needs. The electricity consumption of the country was 37.2 GW, revealing that wind turbines have generated more electricity than was used in the whole of Scotland on a single day.
read more... 15/08/2016
Crude oil prices gained about 2 percent on Friday, posting the largest weekly increase since April, after a short covering hike was spurred by comments from Saudi Arabia’s oil minister in the previous session about possible measures to help prop up the price. Brent crude futures rose 93 cents to settle at $46.97 at barrel after attaining $47.05, the highest level in more than three weeks. U.S. crude added $1 to close at $44.49 after reaching its highest level since July 22 at $44.60 per barrel.
read more... 15/08/2016
Poland's major power producer PGE anticipates it will have to spend around $471.96 million by 2020 to modernise its coal-fired power stations in order to meet European Union emission reduction regulations.
read more... 12/08/2016