Latest news
Daily: European spot power declines on weaker demand, German curve tumble
Brent crude oil futures increased to about $3 per barrel, ending with their biggest gain in more than a month on Thursday, on increasing hopes for a deal to prolong funding of the U.S. government and on worries about supplies from Libya and the Middle East.
read more... 11/10/2013
Biggest solar park in UK to be built in North Wales
The Compton Group, a green energy developer is aiming to build the UK’s largest solar park in North Wales. The project is likely to see something like 180,000 panels erected over 220 acres on land near Deeside Industrial Park and would create enough green electricity from the sun to power about 11,000 households. The development could create more than 100 jobs during the construction phase and a small number of positions once ready.
read more... 10/10/2013
Coal is still the dominant fuel in Germany’s energy mix
According to a study made by German Fraunhofer Institute, electricity generated from Germany's coal-fired power plants contributed more than 50% to the nation's electricity demand as production from natural gas and wind dropped significantly. Germany's coal-fired power stations registered a 5.4% increase in production in the first three quarters of this year, rising to 189.4 terawatt hours (TWh).
read more... 10/10/2013
Beijing to substitute four coal-burning heating plants
China has announced that it intends to replace four coal-burning heating plants in Beijing by the end of 2014, as it is trying to clean up pollution. The four plants and some 40 other similar projects would cost about 48 billion yuan and is likely to reduce sulphur dioxide emissions by 10,000 tonnes and could produce something like 7.2 GW of power fueled by natural gas.
read more... 07/10/2013
Coal to become the main fuel in Southeast Asia by 2035
According to the International Energy Agency, in the Southeast Asia region coal will overtake natural gas as the main power generating fuel by 2035, with its share growing to 49% from current 31% while the share of gas will fall to 28% from 44%. It is expected that the region will depend even more on oil imports in the next 20 years due to a rapidly rising energy demand.
read more... 02/10/2013