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Daily: European spot electricity prices jump on lower wind output in Germany, higher electricity demand in France
Crude oil prices increased on Tuesday, with WTI crude soaring as much as 2 percent, spurred by optimistic economic figures and bets for weaker crude inventories in the United States, the largest oil consumer in the world. WTI crude rose by 75 cents to settle at $42.62 a barrel. Brent, the London-traded global benchmark for oil, boosted 7 cents to settle at $48.81, snapping a three-day loss. Brent declined initially on Tuesday morning after a stock market collapse in China, the No. 2 oil consumer.
read more... 19/08/2015
Israel to give the green light to offshore gas exploitation
Israel’s government has given the green light for the exploitation of offshore natural gas reserves, marking an important milestone for the nation’s economy.
read more... 18/08/2015
German offshore wind develops
In the first semester of 2015, more offshore wind power capacity was added in Germany than the country earlier had. The government is apparently aiming to increase its goal for 2020, as mentioned by Craig Morris, the lead author of German Energy Transition.
read more... 18/08/2015
Daily: British gas prices shed on a glut in the transmission system
Crude oil declined about 1 percent on Monday, with WTI crude closing within a range of a fresh 6-1/2-year low on Japan declarations that its economy contracted in the second quarter and China’s downturn continued to weigh on sentiment.
read more... 18/08/2015
UK: a company obtains €3 million biomass plant order in Wales
A UK bioenergy materials provider has won a deal estimated at €3 million (£2.13m) in Wales.
read more... 18/08/2015