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Daily: British wholesale gas near record high on cold snap, depleted storages
Brent and U.S. crude oil futures dropped on Thursday on Cyprus struggle to raise billions of euros to qualify for a bailout and to avoid bankruptcy, move that refreshed worries about the perspectives for petroleum demand in Europe. Brent crude for May delivery dropped $1.25, or 1.15 percent, to settle at $107.47 a barrel, having traded from $107.08 to $108.75. Meanwhile, U.S. May crude declined $1.05, or 1.12 percent, to settle at $92.45 a barrel, having traded from $91.84 to $93.53.
read more... 22/03/2013
CCS to compete with other forms of renewable energy by 2020
According to a Government-commissioned report, fossil fuel power generation with carbon capture and storage (CCS) is likely to compete cost-effectively with other forms of renewable energy, being able to generate electricity at around £100 per megawatt hour (MWh) by the early 2020s.
read more... 26/11/2012
UK: Carbon capture to reduce energy costs by £45 billion by 2050
According to a research commissioned by the Government, improvement in the expansion of carbon capture and storage (CSS) technology could reduce energy costs in the UK by 45 billion pounds by 2050.
read more... 21/08/2012
Mining industry to invest 20 billion dollars in renewable energy by 2020
According to a Pike Research report, mining industry is likely to invest 8.4 billion dollars in 2016 and up to 20 billion dollars in 2020 in renewable energy and energy storage.
read more... 21/05/2012
UK’s North Sea could become a green energy hub
UK’s North Sea has all the chances to become a world leader in offshore wind and carbon capture and storage technology, declared the British Prime Minister David Cameron during a speech at the Clean Energy Ministerial summit in London co-hosted by Britain and the US.
read more... 27/04/2012