Latest news
UK warns it may possibly not purchase power from an independent Scotland
Britain may possibly not purchase power from an independent Scottish state if imports from other markets are less expensive, according to the warning made by UK government, pressuring Scotland five months before its sovereignty vote.
read more... 10/04/2014
Poland: renewable energy bill approved by the government
A long-awaited draft law has been approved by Poland's government on Tuesday exhibiting new subsidies for renewable energy for a longer period, intending to reduce costs to consumers and aid the coal dependent country to reach EU climate targets.
read more... 09/04/2014
Daily: Global crude oil benchmarks increase on U.S. jobs growth, Libya doubts
WTI crude price boosted on Friday following the publication of a report showing strong jobs growth in March in the United States and the European crude benchmark followed the way as investors doubted that the eight-month blockage of Libya's oil export ports would come to end after rebels and the government declared they were close to reach a consensus.
read more... 07/04/2014
Daily: Brent crude oil drops by about $1 on Libyan ports reopening
Brent crude oil dropped by about $1 to its weakest level in almost five months on Wednesday, dragging down U.S. crude with it, as Libyan government declared that they could reach to a deal with rebels to reopen the ports after months of closures. Brent crude oil closed 83 cents lower at $104.79 a barrel after declining to $103.95, its lowest point since November 8.
read more... 03/04/2014
China: Coal consumption continues to grow
China is dealing with a big air quality problem, so recently the Government has announced that they will reduce their coal consumption share from its current 67 percent to 65 percent by 2017. The country intends to convert coal in syntethic gas, but this will result in more carbon dioxide emissions released because converting coal to make synthetic gas and then combusting the gas to make electricity will double the amount of carbon dioxide emissions released in the atmosphere.
read more... 31/03/2014