Latest news
Sweden prefers renewables to nuclear
Recently Sweden's energy minister, Anna-Karin Hatt, has announced that the government will not subsidize new nuclear power plants, favoring renewable investments. Electricity production in Sweden is dominated by nuclear power and renewables, which currently make about equal contributions to energy production- about 40%.
read more... 30/05/2013
IEA: an increase of US shale gas prices could provoke a return to coal
According to a report from the U.S. Energy Information Administration (EIA), the production of energy from coal is little by little regaining market share from natural gas-fired power generation. After years of cutting back on its consumption in favor of low-emitting gas, the world's largest economy to increase its use of coal, because of a probable increase of shale gas prices.
read more... 30/05/2013
Daily: European spot power prices drop on low pre-holiday demand
Crude oil futures dropped nearly by 2 percent on Wednesday as U.S. stock markets dropped from recent record levels and as investors worried about an uncertain demand outlook for the world economy amid weak growth forecasts for China.
read more... 30/05/2013
Daily: European power prices ease on less demand, reasonable output
Brent oil crude futures dropped on Monday after last week’s weaker data continued to have impact over a market weakened following public holidays in the United States and Britain.
read more... 28/05/2013
IEA warns Germany on costly clean energy transition
The International Energy Agency’s (IEA) executive director, Maria van der Hoeven recommended the Chancellor Angela Merkel’s government to curb electricity retail prices in Germany, otherwise the country’s shift to green power may be jeopardized.
read more... 27/05/2013