Latest news
UK has become sunnier than ever
A new study from Carbon Brief reports that the UK has produced more energy from solar panels than from coal-fired power plants in the past six months. The country has generated 6,964 GWh of electricity from solar cells, while electricity generated from coal attained at 6,342 GWh, with solar registering a 10% increase. According to a new analysis, solar panels produced 5.2 per cent of the UK’s electricity demand in the period from April to September, while coal accounted for merely 4.7 per cent of the electricity generated.
read more... 07/10/2016
Another “renewable” record for Scotland – wind generation up 36%
According to a new analysis of WeatherEnergy’s wind and solar power from WWF Scotland, another record for Scottish wind and solar power output was registered in September. Wind energy surpassed Scotland’s electricity needs for two days in the same month for the first time on record.
read more... 06/10/2016
Saudi Electricity offers France's Engie $1.2 billion electricity station agreement
Saudi Electricity Co declared on Wednesday that in collaboration with national oil giant Saudi Aramco, it had offered a contract to French utility firm Engie to construct a 1,504 megawatt power plant.
read more... 06/10/2016
Daily: Spot electricity prices tumble on firmer renewables output
Crude oil prices ended down on Tuesday after a dollar increase offset optimism over planned OPEC output reduction before a report indicating another weekly decline in U.S. crude stocks pushed prices up toward four-month highs in the post-settlement trade. Brent crude lost 2 cents at $50.87 a barrel, after rising to $51.37 during the session, its highest level since June 10. U.S. WTI crude settled down 12 cents at $48.69, after hitting $49.13 earlier, the highest level since July 5.
read more... 05/10/2016
Turkey more than quadruples thermal coal import tax for several nations
The Turkish government has more than quadrupled a tax to $70 a tonne on thermal coal imports employed in electricity generation from Colombia, Russia, South Africa and other significant coal producers, in a bid to back domestic coal production.
read more... 05/10/2016