Latest news
Daily: Brent crude gains ground on spread trade
Brent crude oil futures increased on Wednesday as traders took advantage from an over-extended spread trade with U.S. crude oil, while the American light crude was buoyed by a record demand for heating oil amid continued cold snap.
read more... 06/02/2014
China increased its imports of natural gas in 2013
China’s natural gas imports have been boosted in latest years as a result of growing demand, since the country is trying to decrease its fossil fuel consumption and improve air quality. China saw its total volumes of imported natural gas increasing by 25 % year on year in 2013.
read more... 04/02/2014
Germany: solar PV installations more than halved in 2013
According to the federal solar industry association BSW, Germany’s total installed solar capacity additions plunged 55% in 2013 to 3.3GW, decreasing considerably if compared to 7.6GW in 2012, when it detained the world's top spot in new installations, bringing annual solar PV additions back in line with government expansion targets. Generally, Germany's total installed solar PV capacity has reached around 35.7 GW, having more than tripled over the past four years.
read more... 04/02/2014
Daily: European power spot prices down on lower demand
Brent crude oil increased on Thursday to about $108 per barrel, while U.S. crude reached its highest level in a month as extremely cold weather gripped the entire nation, fact which has boosted heating oil demand. Brent crude rose 10 cents to settle at $107.95 a barrel. U.S. crude settled up 87 cents at $98.23.
read more... 31/01/2014
EWEA: European offshore wind industry adds 1.57GW of capacity in 2013
New offshore wind installations in Europe posted a new record in 2013, with 1.57GW of capacity added, a one-third increase (34%) over 2012, according to figures unveiled by the European Wind Energy Association (EWEA). However, EWEA warns the growth is set to halt because the European offshore market is in a period of slowdown.
read more... 30/01/2014