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UK posts a record high in renewables investment in 2014
The British renewable industry registered a record high in new investments in 2014, attracting £10.7bn (USD 17bn/EUR 15bn) in 2014, according to an annual analysis by PwC for the Renewable Energy Association.
read more... 15/05/2015
Daily: Oil futures pull back on robust supply
Crude oil futures retired on Thursday as robust supply weighed on prices, while Brent’s front-month June contract headed to expiration. Expiring front-month Brent for June delivery declined 22 cents to settle at $66.59 a barrel. Brent crude for July delivery declined 57 cents to close at $66.70. WTI crude for June delivery dropped 62 cents to close at $59.88 on New York Mercantile Exchange (Nymex).
read more... 15/05/2015
Centrica to import more gas from Russia, Norway
Centrica, the largest supplier in the UK, has extended existent contracts with two of the world's largest producers, Russia's Gazprom and Norway's Statoil, move that will increase kingdom’s dependence on gas imports, as its production diminishes.
read more... 14/05/2015
European diplomats support proposal to reform carbon market in 2019
EU diplomats have agreed on the proposal to start reforming the carbon market in 2019, according to declarations made by Latvia, which is the current holder of the European Presidency.
read more... 14/05/2015
German conventional power loses ground to renewable energy
North Rhine-Westphalia, the German state which hosts utilities RWE AG and EON SE and has one-third of Germany’s installed conventional power capacity, is losing its status as the country’s powerhouse as wind and solar energy begin to eclipse conventional sources.
read more... 14/05/2015