Latest news
Daily: EU coal prices decreased on dollar growth
Brent crude prices boosted to a six- month peak on Wednesday, as the menace of Western countries involvement in the Syrian conflict augmented fears over Middle East oil supplies. Brent futures for October delivery increased $2.25 to settle at $116.61. During the session Brent futures reached a six-month high, at $117.34. U.S. crude futures was up $1.09 at $110.10 per barrel.
read more... 29/08/2013
Vattenfall submitted plans for a new wind farm in Scotland
Swedish energy company Vattenfall has presented plans for the construction of a new wind farm on the south west of Scotland. The South Kyle Wind Farm would have about 50 turbines and a capacity of more than 170 MW, which should be enough to meet the annual electricity power demand of more than 90,000 households. It is expected that it will cost more than £190 million to build the wind farm.
read more... 29/08/2013
UK: Electricity prices to double in the next years to come
UK electricity prices could almost twice in the next three years because of the impact of a new tax intended at supporting renewable power production. The report showed that wholesale prices could increase in comparison to those in Germany by 85% in 2016-17 and would maintain the trend in general for the next 7- 10 years.
read more... 29/08/2013
Wind energy industry to grow considerably in the next years to come
Wind energy market is set to grow significantly as it is expected a major demand in Asian market. Recently, Siemens, a major wind turbine maker said that wind energy market is going to quadruple by 2030.
read more... 29/08/2013
Daily: Brent prices increased to six month high on rising anxiety in Syria
Brent crude jumped to a six-month high on Tuesday, increasing more than $3 in heavy trading to reach $114 per barrel on rising worries on Syria, while U.S. crude also added more than $3 per barrel on worries that Western involvement could undermine the Middle East supplies. Brent crude registered its biggest daily percentage gain since October, growing $3.63 at $114.36 per barrel a 3.3 percent increase, after hitting a session high of $114.42. Meanwhile U.S. crude augmented 3.09 dollars to settle at $109.01 per barrel.
read more... 28/08/2013