Latest news
Germany calls for renewable incentives cap
German Environment Minister, Peter Altmaier is calling for new a system to define and limit costs to German electricity consumers due to the nation’s feed-in tariff.
read more... 01/02/2013
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
Switzerland to vote on nuclear phase-out
Currently Switzerland has 5 nuclear reactors which generates 40% of its electricity, but an initiative submitted by the Green Party to phase-out nuclear energy by 2029 has secured enough support for a national referendum, as the Swiss Federal Chancellery has announced that 107,533 of the 108,227 signatures presented in a petition in November are valid.
read more... 24/01/2013
Daily: German spot electricity climbs on colder weather, lower wind
Brent crude oil futures settled higher on Wednesday on encouraging UK jobs data and after U.S. crude oil prices decreased considerably on news of an unplanned constraint on pipeline, which was expected to lessen an oil surplus in the U.S. Midwest and reduce the spread between Brent and U.S. oil prices. Meanwhile, Brent March crude climbed 38 cents, or 0.34 percent, to settle at $112.80 a barrel, having traded from $112.06 to $113.15.
read more... 24/01/2013
US: renewable energy accounts half of all new electricity in 2012
According to the latest report from the Federal Energy Regulatory Commission's Office of Energy Projects, half of all new energy generation capacity installed in the US last year was from renewable sources. Renewable energy accounted about 49.10% of all new domestic electrical generating installed in 2012, totaling almost 12,956 MW, with 25% of that new capacity that was installed in December.
read more... 21/01/2013