Latest news
IKEA start selling solar panels in UK
IKEA will start selling residential solar panels in UK in the coming months in a move which aims to bring renewable energy to the mainstream market worldwide. The company’s solar panels are made by China’s Hanergy. UK does not have the largest of solar markets if compared with other European countries, but thanks to subsidies offered by the government it has grown progressively, with installations increasing by 25% year on year.
read more... 01/10/2013
EPA sets emission limits on new power plants
The US Environmental Protection Agency has recently proposed to limit carbon dioxide emissions from new power plants. Power plants are the largest concentrated source of emissions in the US, together accounting for roughly one-third of all domestic greenhouse gas emissions.
read more... 25/09/2013
Europe’s forward power market under pressure from short term
Forward power contracts are losing their benchmark status in Europe's electricity markets, as growing renewable generation makes betting on long-term products difficult and pushes traders into shorter-term deals.
read more... 12/09/2013
Brent and WTI crude oil benchmarks converge
U.S. oil futures traded above the global crude-market benchmark, North Sea Brent, for the first time since 2010 in intraday trading on Friday as signs of strong demand from U.S. refiners boosted spread trading and bets that the era of the U.S. discount was ending.
read more... 24/07/2013
Italy’s Eni to diminish production targets at Iraq oil field
The Italian oil giant Eni decided to diminish production targets at its major oil field in Iraq-Zubair, while extending the duration of the Technical Service Contract for an additional five years, until 2035.
read more... 16/07/2013