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Poland to continue its reliance on coal
Historically, Poland has been an important producer and exporter of coal. Poland became the principal coal producer in Europe in the 1970s. Poland consumes more than 75 million tons of coal per year, which makes it the 10th largest coal consumer in the world and the 2nd largest in the EU, after Germany.
read more... 27/08/2013
China is on a fast track to increase consumption of natural gas
China, the world's fourth biggest gas consumer, is on track to increase the consumption of natural gas, while the demand for gas is forecasted to quadruple by 2030. Chinese gas market is rapidly gaining importance. In 2010 Chinese gas consumption was similar to Germany's and is expected to reach that of the entire EU by 2035.
read more... 27/08/2013
UK electricity production increased 20% in 2012
In 2012, electricity generated from renewables represented 11.3%, increasing in comparison to 9.4% in 2011. Generally, renewable electricity generation increased 20%, to 41.1 TWh in 2012 from 34.4 TWh in 2011, while capacity increased 26% to 15.5 GW.
read more... 26/08/2013
New green tax for France
France’s Energy Minister Philippe Martin has announced last week that it is planning to introduce a new green tax, which should encourage industries and families to reduce energy consumption, assuring them that would not result in new tax increases, but he didn’t offered any details about what form it would take or when particulars would become available.
read more... 26/08/2013
Daily: German power prices down on a major production of wind and thermal
On Friday, Brent crude prices increased above 110 dollars per barrel sustained by optimistic business surveys which suggested that global economy is on the way to recovery and encouraging hopes for a higher demand for fuel. Brent crude prices increased 49 cents to 110.39 per barrel at 13:25 GMT, while U.S. crude oil prices decreased 19 cents at 104.84 dollars per barrel.
read more... 26/08/2013