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UK is in jeopardy not to meet its 2020 European renewables targets

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

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Daily: European coal posts a slight recovery along with other markets

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

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Swiss intraday power market successfully launched on 26 June

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

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Daily: Crude oil prices end flat, Brent/WTI premium narrows

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

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European legislators impelled to set a 100% renewable target for 2050

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

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