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Daily: European spot electricity prices ease on robust renewable production in Germany and France
Crude oil prices declined for a second consecutive day on Friday as some investors took profit on a hike to seven-month highs while others concerned about robust production with market hovering close to $50 a barrel. Brent crude eased 27 cents, or 0.5 percent, to settle at $49.32 a barrel. It climbed to $50.51 in the previous session, its highest level since early November. U.S. crude shed 15 cents, or 0.3 percent, to close at $49.33. It reached an October high of $50.21 on Thursday. On the week, Brent posted a 1 percent increase and U.S. crude about 3 percent, spurred by gains from earlier this week.
read more... 30/05/2016
UK’s green bank supports Welsh CHP plant
A 5.4MW combined heat and power (CHP) plant in north Wales will obtain an investment valued at £25 million.
read more... 30/05/2016
EU might turn into global climate leader
The EU can turn its climate leadership into a global competitive advantage by putting innovation at the center of its energy policy, as stated in a report by the Industrial Innovation for Competitiveness (i24c), which declared the Energy Union can make certain Europe is the world leader in the shift to a low carbon economy.
read more... 30/05/2016
Cyprus expects third offshore gas licensing round to be struck early next year
The Cypriot government expects a third offshore natural gas licensing round in the eastern Mediterranean to be struck early in 2017, despite opposition from Turkey.
read more... 27/05/2016
Solar street lighting market will attain $17.8 billion by 2024
The solar street lighting market is likely to increase to $17.78 billion (£12bn) by 2024, or a raise from $2.72 billion (£1.8bn) last year, as stated in a new report.
read more... 27/05/2016