Latest news
UK coal consumption increased 32.5% in 2012
According to the latest statistics released by the Department of Energy and Climate Change, consumption of coal in UK increased by 32.5% in 2012, reaching its highest level since 1996, while gas output fell by 33.8%, its lowest level since the same year. Coal power surpassed gas, becoming the biggest single source of UK electricity in 2012.
read more... 01/03/2013
Supply problems in world oil market
A number of real and threatened supply problems are helping support oil prices this year, despite a weakening outlook for the world economy and slower growth in global fuel demand. More than 1 million barrels per day (bpd) of supply is estimated to be offline - 1.1% of daily world demand - including Libyan output yet to return to service.
read more... 26/02/2013
Spain: wind power output at 6TWh in January
According to the Spanish grid operator Red Electrica de Espana, Spain’s monthly wind-power production surpassed 6 terawatt-hours, while in the last three months wind farms produced more electricity than any other power source in Spain for the first time ever.
read more... 05/02/2013
Norway to increase the hydro energy share in electricity generation by 2020
Norway, already the greatest producer of hydropower, which is getting the largest share of its electricity from hydropower- a full 95 percent, is planning to soar its annual production by 12% by 2020 following the country’s efforts to meet EU goals for higher energy output.
read more... 04/02/2013
Daily: European power prices tumble on strong wind power output
Brent crude prices increased on Tuesday, being supported by optimistic economic data and a weaker dollar that pushed up oil prices. Brent crude for March delivery climbed 88 cents or 0.78 percent, to settle at $114.36 a barrel, having traded from $113.07 to $114.49. Meanwhile, U.S. crude oil futures settled higher at $97.57 a barrel on Tuesday, up $1.13, backed by strong U.S. housing data which spurred the optimism about fuel demand.
read more... 30/01/2013