Latest news
BGS: Britain's shale gas reserves are much larger than previously estimated
According to a new report performed by the British Geological Survey, UK may hold shale gas deposits that could supply the country for 25 years, ramping up the previous estimates.
read more... 28/06/2013
Britain’s hopes of a green future in electricity supply vanished
An attempt to include a goal to decarbonise the electricity production in the UK by 2030 was narrowly defeated in the House of Commons on Tuesday, to the dismay of green activists and businesses that had supported the objective as a way to stimulate investments in renewables and low carbon energy.
read more... 06/06/2013
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
UK was 6 six hours distance from finishing its gas supplies in March
At the end of March this year the reserves of natural gas detained in storage were at one of their lowest level, due to an unusually cold winter and intensified problems at a processing plant in Norway with flows of gas supplies to Britain via the Langeled pipeline which fell significantly, along with other supplies from Belgium, being just six hours away from finishing its gas supplies.
read more... 27/05/2013
European power trading volumes uncertain after the 2012 drop
Trading volumes in Europe's major wholesale power markets dropped 12% in 2012, and nearly four months into 2013 the direction of the market is too uncertain to predict. Trading volumes dropped to 8,534 TWh in 2012 in France, Germany, Italy, the Netherlands, Spain, Britain and the Nordic region from 9,645 TWh in 2011, according to estimates.
read more... 02/05/2013