In the first half of 2013 coal consumption in the EU decreased 8 % in comparison to 2012.
read more... 16/12/2013
According to a new research made by ExxonMobil, the world’s largest oil and gas firm, in about eleven years gas will be the world’s second main fuel on an energy-equivalent basis, only behind oil. Natural gas will surpass coal as a global energy source in part because of the green benefits it offers.
read more... 13/12/2013
Brent crude oil futures declined by more than $1 on Thursday as traders expected a jump in Libyan oil supply and expectations increase that the U.S Federal Reserve would soon start to unroll its stimulus program, which has backed commodity prices.
read more... 13/12/2013
Britain’s largest coal-fired power station has begun its conversion to become Britain’s largest renewable electricity producer as well as one of Europe’s largest renewable electricity generators. The project will see the coal station turn to wood pellets for fuel rather than coal, a move which aims to slash carbon emissions by more than 80%. One of the generating units has been converted to biomass while the other two will be using biomass by 2016.
read more... 10/12/2013
Almost exactly a month after the House of Lords voted in favor of it, the UK Government voted against the modification to the Energy Bill which would have to put limits on coal burning in the UK, sparing the energy market from an even tighter squeeze as aged nuclear plants shut later this decade. Britain's power market is already tight as ageing capacity is being retired and a modest amount of new generation is being built. Members of Parliament voted 318 to 236 against including the amendment in the bill.
read more... 06/12/2013