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Daily: European power prices increased on weak supply from wind and solar

Brent crude futures extended gains to more than $111 per barrel , due to intensifying worries over a supposed chemical weapons assault in Syria added to fears of increased turmoil in the Middle East that could interrupt deliveries. Brent prices for October delivery increased 16 cents to $111.68, the highest since April 2, while U.S. crude for October delivery augmented 46 cents to $106.88 after a 1 % plunge last week

read more... 27/08/2013

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Norway: 8 new wind farms to be build in a bid to triple capacity

Norway has an excellent wind power potential. Norway has an official goal of triple its capacity to more than 2 GW and to have 67.5 % of its energy consumption from renewable sources by 2020. The potential for wind power in Norway is however much greater than this and totally there is applied for 66 TWh with wind power in Norway.

read more... 27/08/2013

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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

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Daily: German power prices up on lower solar power production

On Thursday, Brent crude remains above 110 dollars per barrel on optimistic data from China, the world's second largest oil consumer after the U.S. The U.S. crude oil benchmark, WTI, was traded at a discount to Brent of $5.50 after signs that US firms were diverting oil to Cushing, Oklahoma storage hub for the first time in the last year

read more... 23/08/2013

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Germany hits a new solar record

Last month, Germany, home to a vast 1.3million photovoltaic installations and the highest solar capacity in the world, has reached a new solar power generation record registering 5.1 TWh, with over 40% of the country’s electricity being generated by solar power on July.

read more... 23/08/2013

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