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Global leaders call for carbon pricing policies adoption
World leaders including German Chancellor Angela Merkel, Philippines President Benigno Aquino III and French President Francois Hollande, the heads of the International Monetary Fund and World Bank have urged countries and companies to adopt carbon pricing policies ahead of a United Nations climate change summit in Paris in December in order to speed up efforts to fight against climate change.
read more... 20/10/2015
Iran to ramp up oil production by 500,000 barrels per day one week after sanctions
Iran vows to ramp up its crude oil production within one week once international sanctions are removed and decided to recover its lost market share, said Bijan Namdar Zanganeh, Iran’s energy minister.
read more... 20/10/2015
Polish and Ukrainian transmission system operators achieve feasibility study for gas link
The Polish and Ukrainian transmission system operators (TSO) – Gaz-System and Ukrtransgaz - have accomplished the feasibility study for the interconnection integrating transmission systems of both countries.
read more... 20/10/2015
Daily: Europe spot power prices up on stronger demand, lower French nuclear capacity
Crude oil declined by about 4% on Monday, dragged down by a decrease in gasoline futures which added to pressure to a weakening market due to a slower growth in China and signs that Iranian oil will return to the market soon after the signature of its nuclear deal. The dollar appreciation and a weaker equity market on Wall Street weighed on the petroleum complex. Brent crude fell $1.85, or 3.7 percent, to settle at $48.61 a barrel. WTI crude lost $1.37, or 3 percent, to close at $45.89, in lighter volume ahead of Tuesday's expiry for November spot contract.
read more... 20/10/2015
UK Solar Trade Association unveils rescue plan for renewables
British Solar Trade Association (STA) unveiled an emergency plan to rescue renewables, which it says would add just £1 to consumer bills by 2019, from the £9 a year that clean technology subsidies cost for bill payers.
read more... 19/10/2015