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Daily: European power prices drop on higher wind power supply forecast

Brent crude oil dropped towards $106 a barrel on Tuesday as Libyan supply increased and a resumption of Iranian oil shipments appeared to get closer. Recent weak U.S. economic data has also softened the outlook for fuel demand in the world's largest oil consumer.

read more... 15/01/2014

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Spain’s wind power sector

Wind was Spain's top electricity generator for the first six months of 2013. Spain has a vigorous and varied renewable energy portfolio that has considerably reduced its dependence on fossil fuels. Currently Spain imports more than 80% of its gas and coal for domestic use from abroad, making energy security a national precedence. Along with significant growth in solar energy and biofuels, wind energy has become a cornerstone of the Spanish renewable energy portfolio.

read more... 13/01/2014

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British offshore wind sector is fading on subsidies, steep costs

Britain has the most flourishing offshore wind energy sector in the world, but the sector is on the way to reach a turning point as companies scrap or scale back huge offshore wind farm projects amid sharp costs, estimated at several billion pounds for each project.

read more... 10/01/2014

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Spain: wind power was the main energy source in 2013

According to a new report from grid operator Red Electrica de Espana, last year, Spain got the bulk of its electricity from wind power, which has narrowly beat out nuclear power and coal as the primary source of electricity for Spain in 2013. According to the figures, wind turbines met 21.1% of electricity demand while nuclear reactors provided 21% of power.

read more... 09/01/2014

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Daily: German spot power dragged down by higher wind output

Brent crude oil boosted towards $108 a barrel on Wednesday, backed by fresh concerns over Libyan supplies and expectations for a decline in crude stocks in the United States.

read more... 09/01/2014

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