UK's emissions increased by 4.5% in 2012, if compared to 2011 levels, in major part due to an increase of almost 31% of coal consumption in power stations. Coal prices have decreased considerably as the US has exported the coal it no longer needs at home, thanks to the shale gas boom.
read more... 02/04/2013
UK renewable power generation hiked by 20% in 2012 due to the contribution of new offshore wind farms in spite of lower than average wind speeds over the year, according to figures released by the Department of Energy and Climate Change (DECC).
read more... 02/04/2013
The Kingsnorth coal plant in Kent has closed today, E.ON’s plant has stopped working already in December, but today it has officially closed. After forty years of producing electricity, the 2,000MW plant, has begun a two year decommissioning process which could lead to demolition.
read more... 29/03/2013
UK has received a liquefied natural gas shipment from Qatar, because of dwindling gas supplies due to the unseasonably severe March weather which continues to put increasing demands on the National Grid. Two more shipments from Qatar are due in the coming week.
read more... 26/03/2013
Brent crude oil futures increased on Friday in choppy trading on uncertainty about the financial turmoil in Cyprus which hit markets and on the back on weaker dollar which added support. Meanwhile, Brent May crude boosted 19 cents, or 0.18 percent, to settle at $107.66 a barrel, having traded from $106.90 to $107.96, however registering a weekly loss of $2.16, or 1.9 percent.
read more... 25/03/2013