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Wind power No. 1 in the USA in 2012
Last year, wind power became the number one source of new electricity generation capacity for the first time in the US, accounting about 43% of new electric additions with more than 13 GW added to the grid, nearly double compared to 2011.
read more... 07/08/2013
Enel investments in Spain’s energy sector at risk
Enel, Europe's second utility in terms of installed capacity, has announced recently that its future funds in Spain’s energy sector could be at risk unless the energy reform was revised. The Spanish government imposed a 7% levy on all incomes from power generation at the beginning of 2013, and approved a second wave of reforms in July.
read more... 05/08/2013
Solar photovoltaic continues to grow worldwide
According to a study made by Worldwatch Institute, solar energy consumption worldwide continues to register a significant growth, increasing by 58% to 93 TWh last year. The installed PV capacity augmented by 900% in the last five years.
read more... 31/07/2013
Daily: German Cal’14 asphyxiated by overcapacity, low demand
Crude oil dropped on Tuesday, widening the spread between North Sea Brent and U.S. WTI crude amid a rally of U.S. crude price to a 16-month high as infrastructure developments allowed oil in landlocked Cushing, Oklahoma, to flow to the U.S. coast.
read more... 31/07/2013
Germany’s CO2 emissions set to increase for a second year
Germany is likely to increase its carbon emissions by 1.5% in comparison to 2012 levels due to a major consumption of coal. Coal is the most polluting fossil fuel and is responsible for contributing to global warming. Following the opening of two new coal power stations in 2012, six more are expected to open this year, with a total capacity of 5800MW.
read more... 30/07/2013