Latest news
Daily – power prices down across the board
Crude oil futures slightly continued to go down on Tuesday following a report released by the industry group American Petroleum Institute which indicated a stronger than-expected increase in domestic crude stock in the United States previous week.
read more... 04/04/2012
South African Tourism Minister urges EU to suspend ETS scheme for 2 years
During a speech at the Air Transport Action Group (ATAG) in Geneva, South African Tourism Minister Marthinus van Schalkwyk has urged the European Union to suspend the inclusion of aviation in the European Union Emissions Trading Scheme (EU ETS) for two years, in order to provide the industry with time to come to a multilateral global negotiation under International Civil Aviation Organization (ICAO).
read more... 29/03/2012
Daily – U.S. crude holds losses despite surprise API draw
U.S. and ICE Brent crude oil futures decreased in post settlement trading on Tuesday despite industry group American Petroleum Institute’s surprise report which indicated a drawdown of 1.4 million barrels in domestic crude stocks previous week. By 20:35 GMT, WTi crude for May delivery traded at 106.34 dollars a barrel down 2.22 dollars, while ICE Brent crude for May delivery valued 124.12 dollars a barrel, losing 1.59 dollars after a trading range between 123.20 and 125.44 dollars.
read more... 21/03/2012
U.S. solar industry up 109% in 2011
The U.S. solar energy industry installed a record of 1,855 MW of photovoltaic capacity in 2011, as revealed by a new U.S. Solar Market Insight report. The figure is more than the double of the previous annual record of 887 MW set in 2010 and represents a 109 % growth rate in 2011.
read more... 16/03/2012
UK to cut its 2030 renewable energy target
Some experts consider UK could miss its renewable energy target, fact that presses the government to reduce its 2030 renewable target. The new released reports show that country’s energy sector suffered a disappointment with certain feed-in tariffs being attacked. Besides that, the government is planning nuclear energy to give parity across Europe. It could threaten investment climate in the renewable industry, but support the development of nuclear power in Britain.
read more... 15/03/2012