Latest news
USA: Renewable energy represented 50% of new added capacity in 2012
Last year almost half of all new installed capacity in the USA was from renewable sources, in major part from wind and solar. The US has one of the largest wind power installed capacities in the world, enough to supply almost 10 million households across the country. Wind was the most popular renewable energy source in 2012 by far, accounting for 13.1GW.
read more... 04/09/2013
China could soon become the biggest oil importer in the world
According to new figures from the U.S. Energy Information Administration, China could surpass the U.S. as the world’s largest net oil importer before the end of this year. EIA projects that total annual oil production in the USA will increase 28% in the period from 2011 to 2014, lessening the country’s reliance on foreign oil.
read more... 03/09/2013
Wind power No. 1 in the USA in 2012
Last year, wind power became the number one source of new electricity generation capacity for the first time in the US, accounting about 43% of new electric additions with more than 13 GW added to the grid, nearly double compared to 2011.
read more... 07/08/2013
Oil giant BP could face 29 million dollars fine
The Federal Energy Regulatory Commission proposed to fine oil giant BP Plc with fines of about 29 million dollars and has ordered to BP to respond to accusations of natural gas market at the Houston Ship Channel manipulation, from mid-September to November in 2008, in a way designed to increase the value of the company’s financial position. The claims followed an investigation by officials from the regulator’s Office of Enforcement (OE). The allegations date back in 2011.
read more... 06/08/2013
Japan to install 5 GW of solar PV, overtaking Germany and US
According to IHS IMS in 2013 Japan will grow by 120 % and will install over five GW of PV systems overtaking Italy, Germany and the USA in the installation of photovoltaic (PV) capacity. Installations are probable to surpass 1 GW in the first quarter of 2013, causing it to become the second largest market of the year.
read more... 20/03/2013