Latest news
Germany to shut down coal plants to meet 2020 emissions goals
Germany’s government will decide on Wednesday whether to curb CO2 emissions by up to 78 million tons by 2020.
read more... 03/12/2014
Belgium will depend all winter on electricity imports
Belgium will have to import electricity every week this winter in case of cold snap and amid weak wind and solar energy output. The situation in Belgium is very tense, with the country becoming structurally dependent on imports after being deprived of several nuclear reactors.
read more... 02/12/2014
Japan poised to surpass China as the largest solar market in the world
China risks losing its crown in terms of world’s largest solar market after some projects authorizations were postponed and delayed.
read more... 02/12/2014
Daily: European power prices soar on strong demand due to colder weather
Crude oil prices increased by 5 percent on Monday, recovering from five-year lows, posting the largest daily gain since 2012, spurred by fears that the robust U.S. shale output criticized for the global oil oversupply is expected to shrink. Benchmark Brent crude oil rose by $2.39 to settle at $72.54 a barrel, after recording a session peak at $72.73. U.S. crude boosted $2.85 to close at $69 a barrel, after firstly plummeting to a five-year bottom at $63.72.
read more... 02/12/2014
Russia to quit South Stream pipeline amid intensifying tensions with the West
Russia dropped the Gazprom’s South Stream pipeline project on December 1, blaming the European opposition to the South Stream plan and instead appointed Turkey as its favourite partner for an alternative project.
read more... 02/12/2014