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Daily: European power prices drop on higher wind power supply forecast
Brent crude oil dropped towards $106 a barrel on Tuesday as Libyan supply increased and a resumption of Iranian oil shipments appeared to get closer. Recent weak U.S. economic data has also softened the outlook for fuel demand in the world's largest oil consumer.
read more... 15/01/2014
Belgium to extend life of Tihange 1 nuclear reactor
Belgium has seven nuclear reactors generating about half of its electricity. Electricity production in Belgium was about 78.6 billion kWh (TWh) in 2012, of this 40.3 TWh was from nuclear. Most Belgian electricity is produced by Electrabel, a subsidiary of GDF Suez, which also controls all the nuclear plants. Electrabel owns 50% of Tihange 1 and 89.8% of Tihange 2 and 3.
read more... 14/01/2014
Daily: Brent crude drops on Iran nuclear deal
Brent crude dropped toward $107 a barrel on Monday following the conclusion of a six nation’s new deal with Iran to curb its nuclear programme and as Barack Obama urged Congress not to impose supplementary sanctions on the country.
read more... 14/01/2014
Switzerland: solar power generation increased considerably last year
In line with the current trend in Europe, Switzerland is likely to face an electric power shortage, except there is significant investment in new generating facilities over the next 15-20 years. Traditionally, Switzerland's longest-serving and most important source of renewable energy has been hydropower, but now, “new" renewable energy sources play an ever more significant position in Switzerland’s energy mix.
read more... 14/01/2014
UK rooftop solar panels hit half million milestone
Last week, UK’s solar power industry hit a milestone, installing almost half million of rooftop solar arrays.
read more... 14/01/2014