Latest news
Coal to dominate the 2013 markets in China and Europe
According to the World Energy Council , China detained an estimated 128 billion short tons of recoverable coal reserves in 2011, the third-largest in the world after the United States and the Russian Federation, about 13% of the world's total coal reserves. Chinese coal production increased to over 3.8 billion short tons in 2011, making China world’s biggest coal producer.
read more... 04/01/2013
Nuclear is the best alternative for Europe
A new report recently released by Frost& Sullivan notes that nuclear energy is the answer to achieve the aggressive EU targets, reducing the carbon dioxide emissions and dependence on fossil fuels.
read more... 02/01/2013
UK to achieve its 2020 green energy targets
The Department of Energy & Climate Change has revealed that the UK is on track to achieve its 15% of the energy from renewable sources by 2020. This year, low carbon electricity generation increased by more than a quarter due to solar and wind new projects.
read more... 27/12/2012
Russia launches new oil pipeline to the Pacific
This week Russian President Vladimir Putin has announced the completion of the 4,740 km-long (2,945 miles) East Siberia - Pacific Ocean (ESPO) section, which runs between the Siberian city of Skovorodino and the Pacific port of Kozmino. The pipeline has the objective to increase sales to the United States, as sales to Europe have significantly decreased. The ESPO will reinforce the dominant position in the international crude markets.
read more... 26/12/2012
EU carbon market
Carbon trading is a market-based tool to limit greenhouse gases. The EU's emissions trading system (ETS) was launched in 2005 and is the European Commission's flagship mechanism to fight climate change.
read more... 20/12/2012