The UK’s state energy regulator, the Office of Gas and Electricity Markets requested to reform the energy retail market including simpler energy standard tariffs.
read more... 18/10/2011
Acciona Energy ended the construction of three wind farms in Mexico with a total capacity of 306 MW, consolidating its position in the country as the biggest wind power assets company.
read more... 29/09/2011
A recent report, released by the UK Parliament's Energy and Climate Change Committee, has recommended the construction of European "super" power grid, which would help ensure the country meets its commitment to generate 15% of energy from renewables by 2020.
read more... 27/09/2011
The dollar rallied to a seven-month high on the outlook of higher short-term interest rates after Federal Reserve’s decision to sell $400 billion of short-term Treasury bonds to buy longer-dated debt and offered a gloomy economic prospect. The announcement let down investors who had hoped for stronger stimulus measures, causing a drop in equities and commodity prices. European stock index futures plunged over 2.5% after a drop of over 4% on Asian exchanges, while gold lost 1% and copper reached nearby the day's low.
read more... 22/09/2011
Oil prices plunged on Monday, along with equity markets, metals and the euro, on concerns over euro zone debt crisis and on slower demand growth, while the dollar and gold strengthened.
read more... 19/09/2011