Latest news
Solar PV provides 5.6% of Italian electricity demand in 2012
According to some figures released by the Italian transmission grid operator Terna SpA, electricity from solar photovoltaic generation increased by roughly 72% in comparison to 2011 levels reaching 18.3 TWh.
read more... 16/01/2013
World green energy investments decreased in 2012
Investments in green energy decreased in 2012 worldwide after hitting record levels in 2011, according to some data released by Bloomberg New Energy Finance (BNEF). Investments tumbled mainly due to the debt crisis in the U.S. and Europe and as governments slashed incentives for technologies ranging from wind turbines to solar power and biomass.
read more... 15/01/2013
China’s power consumption up 5.5%
According to the National Energy Administration, China’s national electricity consumption was 4.9 trillion kilowatt hours in 2012, up 5.5 percent in comparison to 2011, when it registered a growth of about 11.7%.
read more... 14/01/2013
EIA: US oil production to increase by 25% by 2014
According to the Energy Information Administration, the US oil production will grow by a quarter in the next two years, to its highest level in 26 years. The US oil production would grow by 900,000 barrels per day (bpd) in 2013 to 7.3 million bpd. The reason of the increase in oil production is mainly because of the discovery of vast reserves of shale oil.
read more... 10/01/2013
Coal to dominate the 2013 markets in China and Europe
According to the World Energy Council , China detained an estimated 128 billion short tons of recoverable coal reserves in 2011, the third-largest in the world after the United States and the Russian Federation, about 13% of the world's total coal reserves. Chinese coal production increased to over 3.8 billion short tons in 2011, making China world’s biggest coal producer.
read more... 04/01/2013