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Turkey: one of the largest and most dynamic energy markets

Turkey intends to be one of the world’s 10 largest economies by 2023, which means that in less than 10 years, it must move at least one position every year to reach its challenging target. And it is on the right way to reach that goal as in few decades Turkey had succeeded in transforming its economy and its international image from a country that used to depend on external help, to a country that provides external help to others.

read more... 24/10/2013

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U.S. carbon emissions plummeted at the lowest level since 1994

While the greenhouse gas emissions continue to increase worldwide, U.S carbon emissions plummeted to the lowest level since 1994, according to a report released by Energy Information Administration (EIA).

read more... 24/10/2013

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Europe threatened by blackouts

Energy companies informed that Europe could face power blackouts if the economy in Europe would improve while energy provision would remain inadequate. Energy security in Europe is under menace and the area could soon be exposed to substantial power outages during this winter, due to a lack of production capacity.

read more... 23/10/2013

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Daily: European spot power drops for the second straight day on more wind

U.S. crude oil dropped below $98 to their lowest level in almost four months on Tuesday, while European Brent traded higher on concerns of a near-term U.S. crude surplus drove the spread between two contracts to the largest gap since April.

read more... 23/10/2013

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Spain’s wind power sector

Wind was Spain's top electricity generator for the first six months of 2013. Spain has a vigorous and varied renewable energy portfolio that has considerably reduced its dependence on fossil fuels. Currently Spain imports more than 80% of its gas and coal for domestic use from abroad, making energy security a national precedence. Along with significant growth in solar energy and biofuels, wind energy has become a cornerstone of the Spanish renewable energy portfolio.

read more... 23/10/2013

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