Latest news
UK energy bills set to rise
According to Ofgem Chief Executive Officer Alistair Buchanan, UK household energy bills are probable to increase significantly in the coming years, with the share of generating capacity from gas doubling as old oil and coal stations close.
read more... 20/02/2013
Statoil to build a new oil hub in Europe
Norway's Statoil is to build an oil terminal in the Arctic, which according to the Norwegian group could spark “a new industrial era” in the region. Norway's Minister of Petroleum and Energy, Ola Borten Moe said that Statoil ASA's plan to bring oil by pipeline from the Barents Sea to a new terminal in the country's far north could lead the way to a permanent oil hub in the Arctic.
read more... 19/02/2013
China installed almost 16 GW of wind power in 2012
According to data offered by Bloomberg New Energy Finance, in 2012, China was the world’s largest wind market in terms of annual installed capacity. The country installed 15.9GW of onshore turbines, or about 35% of the world’s new onshore capacity.
read more... 15/02/2013
Global PV capacity surpassed 100 GW in 2012
According to preliminary data collected by the European Photovoltaic Industry Association (EPIA), global installed PV capacity reached 100GW in 2012 for the first time, up from 71GW in 2011 and 40GW in 2010. The world’s solar capacity can now produce as much electricity in a year as 16 coal power plants or nuclear reactors of 1 GW each.
read more... 13/02/2013
UK exports gas cheaper than it pays for imports
According to the Guardian newspaper, the UK is exporting gas at a lower price than it is importing the fuel. In the period between December 2011 and October 2012, gas was being exported to continental Europe when it would have carried a higher price in the UK, at the same time as the UK exported 15 times more gas through the gas interconnector running between the UK and Belgium than it imported.
read more... 08/02/2013