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Restructuring of Polish mining industry boosts net profits

The Polish coal mining industry saw an 80% rise in net profits this year compared to the last, when the coal mining industry was in the process of restructuring and coal prices were high.

read more... 23/08/2017

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Cheap solar power might be good for Australia’s mining sector

Australia’s most distinguished solar power researcher, Dr. Martin Green, says prices for PV technology will fall drastically. And while the plunge in prices could be harmful to the country’s thermal coal industry, it could bring multiple benefits to other Australian mineral and material exports.

read more... 22/08/2017

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Daily (04.08.2017): UK wholesale gas prices rose by 1.5% on Thursday on extended Kollsnes’ outage

Oil prices fell on Thursday, pushed down by high OPEC supplies. Yet traders consider, that the oil industry has adapted to “low prices era” and can produce and operate at price levels that previously would have been uneconomic. Brent crude tumbled by almost 0.7% to close at $52.01 a barrel, while WTI price decreased by 1.13% to close at $49.03 a barrel.

read more... 04/08/2017

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Solar power awarded 3.9GW capacity in Spanish auction

The Spanish solar industry has received nearly 4GW of capacity in a recent renewable energy auction.

read more... 31/07/2017

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Germany predicts 900 MW of new offshore wind in 2017

Germany connected 626 megawatts (MW) of newly constructed offshore wind capacity to power grids in the first semester of this year and hopes to see total installations of 900 MW in the entire year, as stated by five industry groups in a joint statement on Thursday.

read more... 21/07/2017

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