Europe is on course to double its offshore wind energy capacity by 2020 after record investment last year, even though more projects should be awarded to preserve costs decreasing in the longer term, as stated by industry group WindEurope.
read more... 27/01/2017
Oil prices rose 2 percent on Thursday, supported by the constant rally in the U.S. stock market, even though gains in crude futures were capped by significant inventories in spite of efforts by producers to cut output. U.S. light crude futures increased by $1.03 to close at $53.78 a barrel, while Brent crude jumped by 2.1%, or $1.16, to settle at $56.24.
read more... 27/01/2017
The International Energy Agency (IEA) has urged Poland to accelerate its green transition.
read more... 26/01/2017
Resource-rich Azerbaijan is envisaging producing more gas and less oil in 2017, according to the energy minister Natiq Aliyev.
read more... 26/01/2017
China will invest over 700 billion yuan (approx. US$100 billion) in wind power facilities from 2016 to 2020, as mentioned by the National Energy Administration of China’s recent wind power expansion plan.
read more... 26/01/2017