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EWEA: Eastern Europe could power 9 million homes by the end of this decade

The European Wind Energy Association has launched a new report at Europe’s premier wind energy event held in Vienna- EWEA 2013 which studies the emerging wind power markets in Central and Eastern European countries, and other countries like Turkey, Ukraine and Russia.

read more... 06/02/2013

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Chevron gets green light to explore shale gas in Romania

The American energy giant Chevron got the green light for the shale gas exploration in the eastern part of Romania, a major U-turn from the decision taken last April to suspend Chevron’s exploration activities.

read more... 05/02/2013

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Scotland sets a new target to decarbonise power sector by 2030

Scotland established a target to cut carbon emissions from electricity generation by 2030, while pointing out the huge market for offshore wind beyond 2020, with First Minister Alex Salmond criticizing the U.K. government for disregarding such a target.

read more... 30/01/2013

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Daily: European power spot prices increase on colder weather and low supply

Brent crude oil futures for March delivery settled down 18 cents at $111.71 per barrel on Monday, ending a three-day rally , dragged down by pessimism over global economic growth which restored traders ‘focus to healthy supply levels, slashing fears of unrest in North Africa. Meanwhile, U.S. WTI crude futures were off 9 cents in overnight electronic trading at $95.47 a barrel at 1649 GMT, after hitting a four-month high last week. U.S. markets were closed on Monday for a public holiday.

read more... 22/01/2013

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Daily: European power prices decreased on a major wind power production in Germany

Crude oil was down on Thursday on concerns about looming U.S. budget discussions and signs of increasing anxiety by the U.S. Federal Reserve about buying bonds to spur economic growth. The U.S. budget crisis was under strongly surveillance by the oil markets , as well as steady problems in the euro zone, for signs over a possible decrease in fuel demand.

read more... 04/01/2013

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