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EU might turn into global climate leader

The EU can turn its climate leadership into a global competitive advantage by putting innovation at the center of its energy policy, as stated in a report by the Industrial Innovation for Competitiveness (i24c), which declared the Energy Union can make certain Europe is the world leader in the shift to a low carbon economy.

read more... 30/05/2016

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Cyprus expects third offshore gas licensing round to be struck early next year

The Cypriot government expects a third offshore natural gas licensing round in the eastern Mediterranean to be struck early in 2017, despite opposition from Turkey.

read more... 27/05/2016

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Solar street lighting market will attain $17.8 billion by 2024

The solar street lighting market is likely to increase to $17.78 billion (£12bn) by 2024, or a raise from $2.72 billion (£1.8bn) last year, as stated in a new report.

read more... 27/05/2016

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Dong’s goal post-2020 to add 5GW

Dong Energy has revealed plans to adjoin 1GW of offshore wind power yearly between 2021 and 2025.

read more... 27/05/2016

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Daily: Crude oil price curb gains after hitting $50 a barrel on oversupply worries

Crude oil prices touched $50 a barrel on Thursday for the first time in seven months, but curbed gains on the day as investors worried that the hike could spur output and add to the global oversupply. Brent rallied as high as $50.51, its highest level since early November, then retreated and closed down 15 cents at $49.59 a barrel. WTI eased 8 cents to settle at $49.48, after touching $50.21, its highest level since early October.

read more... 27/05/2016

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