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Major companies join alliance searching for 100% green power
Firms counting Goldman Sachs, Walmart and Starbucks joined an alliance on Wednesday that targets to obtain 100 percent of power from renewable sources to fight against climate change.
read more... 24/09/2015
Daily: Crude oil prices diverge, with Brent up and WTI down 2 %
Crude oil prices diverged on Tuesday, with Brent ending up, while WTI lost 2 % after a partial pipeline outage and bets of upbeat U.S. stockpiles data which helped oil compensate some of Tuesday’s pessimistic sentiment due to weak inventories on Wall Street. Brent's front-month contract for November delivery rose by 16 cents, or 0.3 percent, to close at $49.08 a barrel. U.S. crude's October contract declined 85 cents, or 1.8 percent, to settle at $45.83 before expiring as the front month. The November contract decreased 60 cents to touch $46.46.
read more... 23/09/2015
UK regulator to extend energy market investigation to June 2016
Britain’s Competition and Markets Authority (CMA) has prolonged the timetable for its probe into the country’s largest energy suppliers by six months to late June 2016 to allow it to consider responses to its initial findings in July.
read more... 22/09/2015
EDF Energy gets the green light for the construction of 1800 MW gas-fired power station in UK
EDF Energy received the go-ahead from the UK Department of Energy and Climate Change(DECC) to build a 1800MW gas-fired power plant in Sutton Bridge, Lincolnshire in the east of England.
read more... 17/09/2015
Wind industry might supply 25% of EU power by 2030
Wind farms might provide a quarter of the European Union’s electricity requirements by 2030 if member states attain energy and climate targets, as stated by an industry report on Wednesday.
read more... 17/09/2015