Latest news
China to have its first floating terminal for LNG imports
China National Offshore Oil Corp (CNOOC) has announced it has obtained the permit to build its first floating terminal for liquefied natural gas in the northern port city of Tianjin. China, being the world biggest energy consumer, intends to increase the share of natural gas in its energy mix to 8% in the next two years, from the current 5 % in a move which aims to cut emissions from coal-fired power stations and reduce the reliance on oil imports.
read more... 22/08/2013
Daily: European power prices drop on higher solar and wind output forecast
Brent crude oil futures jumped on continued worries about eventual supply disruptions in the Middle East, reversing losses caused by concerns about the U.S. Federal Reserve's monetary easing policy. Brent crude oil futures for October delivery closed 25 cents higher at $110.15 per barrel, after trading as low as $108.61 earlier in the session.
read more... 21/08/2013
Renewable energy situation worldwide
Renewable energy sources of energy have been the driver of the major growth in the global clean energy sector since 2000. Current years have seen a major expansion of wind and solar photovoltaic (PV) technologies, while other renewable like hydropower, geothermal and biomass, continued to grow from a strong established base, adding hundreds of GW of new capacity worldwide.
read more... 21/08/2013
Daily: European spot power prices boost as consumers return from holiday
Brent crude oil closed above $110 a barrel on Monday as conflict in Egypt stocked fears over oil supply security across the Middle East and North Africa.
read more... 20/08/2013
Statkraft: Another two gas-fired power plants to be closed in Germany
The Norwegian energy company Statkraft has decided to close two gas-fired power plants with a total capacity of 1,200 MW in Germany, just six years after they were commissioned, citing unprofitability reasons.
read more... 19/08/2013