UK is in jeopardy not to meet its 2020 European renewables targets to get 15 per cent of energy from green sources, according to the European Renewable Energy Council (EREC).
read more... 04/07/2013
Brent crude oil futures increased above $103 a barrel on Friday, registering the first monthly hike in five months, after comments from Federal Reserve governors that the Fed is not hurrying to scale back its massive bond-buying program. Meanwhile, Brent crude oil futures added 18 cents to $103 a barrel by 02:51 GMT, after dropping to a session low of $102.44 earlier as investors sold off gains from the previous session. U.S. crude oil increased 11 cents to $97.16 a barrel.
read more... 01/07/2013
Power grid operators in Switzerland, France, Germany and Austria had successfully launched intraday market on 26 June 2013 in a move to line up European energy wholesale markets.
read more... 28/06/2013
Crude oil prices ended almost flat in an inactive day of trading on Tuesday as strong equity markets put a cap on prices and Brent’s premium over U.S. crude slipped below $6. Front-month U.S. crude oil futures closed the day 14 cents higher at $95.32 per barrel, declining nearly $4 from a $99.01 high made last Wednesday. Meanwhile, Brent crude oil finished 10 cents higher at $101.26 per barrel. Brent has slipped more than $5 from its high near $107 last week.
read more... 26/06/2013
The Global Alliance is prompting European legislators to set a 100% renewable target for 2050, criticizing them for not setting aggressive long-term renewable energy targets.
read more... 25/06/2013