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Daily (19.05.2017): EU carbon prices surged over 4% to a monthly high
Oil prices continued to grow on Thursday, as most of the major producing countries suggested they would extend supply cuts to reduce an ongoing global crude glut.
read more... 19/05/2017
Switzerland to decide on nuclear power phaseout in favor of renewables
This Sunday, Switzerland will go to the polls and decide upon the government’s plan to abandon further development of nuclear power in favor of renewable energy. The focus of the campaign are the costs of the change. The current referendum follows October’s signature campaign organized by the Swiss People’s Party (SVP) who gave the support to contest the Government’s controversial energy plan in a popular vote.
read more... 18/05/2017
Armenia: Hydropower plants can reach a 40% share of electricity generated
Armenia’s hydropower plants can produce a share of 40% of the total electricity volume, according to a recent statement of the Armenian deputy minister of energy infrastructure and natural resources Hayk Harutyunyan.
read more... 18/05/2017
Daily (18.05.2017): Oil prices surged by around 1% to a two-week high on Wednesday
Oil prices surged to a two-week high on Wednesday after U.S crude inventories declined for the sixth straight week. On May 25, in Vienna, OPEC producers are expected to extend the supply cuts. Brent crude edged up 1% to close at $52.21 per barrel. Meanwhile, U.S. WTI crude price jumped by 0.84% to settle at $ 49.07 a barrel.
read more... 18/05/2017
TRIG acquires 34MW wind farm in Wales for £100 mln
The Renewables Infrastructure Group (TRIG) has finalized the purchase of the 34MW Garreg Lwyd Hill wind farm in Wales from RES for £100 million.
read more... 18/05/2017