Declining coal and gas prices will not halt record investment in renewables over the coming decades as the cost of generating clean energy drops, according to a key energy report.
read more... 14/06/2016
Crude oil futures boosted on Wednesday, attaining 2016 highs above $50 a barrel and closing up for a third consecutive day on worries about sabotage oil facilities in Nigeria, although an increase in U.S. gasoline inventories amid peak summer demand could drag down prices. Brent crude rose by $1.07 to end at $52.51 a barrel. It prolonged gains in post-settlement trade, hitting $52.60 a barrel by 3:55 p.m. EDT (1955 GMT), and the highest level since October. WTI crude futures climbed 87 cents, or 1.7 percent, to close at $51.23 a barrel. The session peak was $51.34, the highest level since July.
read more... 09/06/2016
Spain received the green light from the European Commission (EC) to provide €2.13 billion (£1.62bn) in public funds to close 26 uncompetitive coal mines in the country.
read more... 02/06/2016
Green power generation in Germany rose to 194 billion kWh last year.
read more... 01/06/2016
French utility Engie, the operator of giant Hazelwood coal-fired power plant in Australia, mulls closing or sale of the unity, but the state government insists "no decision has been made".
read more... 26/05/2016