Latest news
Vestas has been awarded a 59 MW wind contract from Swedish Eolus
Danish wind giant Vestas has been awarded a contract from Eolus Vind to provide wind turbines a mounting 59MW for four power projects in Sweden.
read more... 13/12/2013
Natural Gas to become world’s second main fuel
According to a new research made by ExxonMobil, the world’s largest oil and gas firm, in about eleven years gas will be the world’s second main fuel on an energy-equivalent basis, only behind oil. Natural gas will surpass coal as a global energy source in part because of the green benefits it offers.
read more... 13/12/2013
Daily: European coal continued to skyrocket on record imports in Germany
Brent crude oil futures declined by more than $1 on Thursday as traders expected a jump in Libyan oil supply and expectations increase that the U.S Federal Reserve would soon start to unroll its stimulus program, which has backed commodity prices.
read more... 13/12/2013
Turkey could increase its share in TANAP project
Turkey has demanded to Azerbaijan to increase its share in Trans-Anatolian gas pipeline (TANAP), the head of Azerbaijan's state energy company SOCAR, Rovnag Abdullayev, said this week at a conference. Currently Turkey owns a 20% share in the project, while the rest of the shares belong to SOCAR of Azerbaijan.
read more... 12/12/2013
France pledges to restrict EDF utility hikes in 2015-18
France wants to restrict state-controlled utility EDF's regulated electricity tariff increases between 2% and 3% per year or less per year over the period 2015-2018, which would see a new calculation method to take effect, said an official source in the Elysée Palace.
read more... 12/12/2013