Latest news
EU makes an investment of €1 million in hydraulic turbines
An investment estimated at €1 million (£0.70m) has been made to expand the development of hydraulic turbines.
read more... 08/12/2015
Daily: Crude oil prices plunge at seven-year low on OPEC failure to address a growing supply
Crude oil futures plunged 6 % on Monday, posting their weakest level in nearly seven years, after OPEC hesitated to address an intensifying oversupply, while a stronger dollar also weighed on crude decrease. Brent and U.S. crude settled at or near February 2009 lows on Monday. Brent lost $2.27 to close at $40.73, after hitting a February 2009 low of $40.60. WTI crude fell $2.32 at $37.65 a barrel. That was its lowest settlement since February 2009, and after reaching a session low of $37.50.
read more... 08/12/2015
The United States of.. Gas & Oil are 73% cheaper than EU
We've been talking about it for months, crude oil is not performing as every oil tycoon and trader would wish to and if we take into analysis the average value year on year, the Brent is about to close 2015 with a strong decline of about 44.8% compared to 2014, average price as of today is about 54.8 $/bbl , touching lows not familiar even during early post 2008-2009 financial crisis. The average price in 2009 was 62.69 $/bbl.
read more... 08/12/2015
£5 million solar park to be constructed in Bristol
A £5 million solar park will be constructed in Bristol. UK energy efficiency solutions provider Anesco and Bristol Energy Co-operative (BEC) are collaborating together to develop it.
read more... 08/12/2015
UK's National Grid secures reserve power for winter 16/17
Britain's grid operator has secured an additional 3.58 gigawatts (GW) of electricity to cover prospective demand during winter 16/17, as stated by National Grid on Friday.
read more... 07/12/2015