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Global green capacity attains 913 GW
The total renewable energy capacity installed across the globe attained approximately 913.48 GW last year.
read more... 13/01/2016
EDF shares drop to all-time low since nuclear waste cost estimate increases
Shares in French utility EDF fell to all-time lows on Tuesday after the country's Andra nuclear waste agency declared that storage costs might be more elevated than EDF's predictions, though EDF questioned Andra's figures.
read more... 13/01/2016
Daily: Oil prices trade below psychological threshold of $30 a barrel for first time since 12 years
Crude oil prices lost 3 % on Tuesday, posting a seventh straight daily decline for oil. Oil prices shed briefly below $30-per-barrel level, which is both a psychological and financial threshold and prolonging a selloff that has trimmed prices by almost 20% this year. Benchmark Brent crude slipped 69 cents to settle at $30.86, after bottoming at $30.34. U.S. WTI dropped 97 cents to close at $30.44 a barrel, a 3.1% loss, after hitting a low of $29.93, which was last recorded in December 2003. The decline was prompted by intensifying concerns about sluggish demand in China and the lack of output restraint.
read more... 13/01/2016
European Energy Exchange EEX recorded impressive results in power, gas futures in 2015
The European Energy Exchange (EEX) enjoyed a fruitful 2015 year, with trading volumes of electricity and gas forwards recording a hike of 62% and 110 respectively.
read more... 12/01/2016
Daily: European power forwards at fresh lows on weaker coal, carbon prices, economic slowdown in China
Crude oil prices dipped 6 % to hit new 12-year low as further reductions in the Chinese stocks market threatened to sink crude as low as $20 a barrel. Morgan Stanley warned that a further devaluation of the yuan could send oil prices spiraling into the $20-$25 per barrel range, prolonging the year's 15 percent decline. Brent crude futures eased $2.00 to close at $31.55 a barrel, their weakest since April 2004. Brent has collapsed more than 15 percent in six consecutive days of losses, the largest fall in a year. U.S. WTI crude futures shed $1.75 to settle at $31.41 a barrel, the lowest level since December 2003.
read more... 12/01/2016