Latest news
UK to stop funding coal- fired power plants overseas
Ed Davey, Britain's energy secretary, has announced on Wednesday that the UK, as the US, would stop funding coal projects in developing countries. The objective is to cut greenhouse gas emissions and to encourage low-carbon development. The announcement was made at United Nations climate talks in Warsaw where the fossil fuels have been at the centre of a storm. About 90% of the Poland's electricity comes from coal, and the government has been resistant to EU calls to strengthen emissions reduction targets.
read more... 21/11/2013
Daily: German, French power contracts diverge at 11.50 euro gap
Brent crude oil boosted by more than $1 a barrel on Wednesday after an American official said it would be "very hard" to reach a nuclear agreement with Iran this week. U.S. oil prices dropped late in session after the U.S. Federal Reserve suggested it may increase its monetary stimulus program, a move that could hit oil demand.
read more... 21/11/2013
German government agreed on a temporary ban for shale gas
Germany is probable to have important reserve deposits and is at the forefront of the shale gas disputes in Europe. Public concerns and the conclusions of studies on hydraulic fracturing, as well as stalled legislation going into the federal elections, have slowed the pace of shale gas exploration, but Germany's nuclear phase-out will create a need for energy from other sources.
read more... 15/11/2013
EDF Energy the last to announce energy prices increases by 3.9%
EDF Energy has become the latest energy company to increase prices for its British customers, unveiling an average price increase of 3.9% on its dual tariff, warning that further increases may occur unless the government does not curb fees for social and environmental work.
read more... 15/11/2013
IEA: The future of renewables worldwide
The International Energy Agency has recently released its annual report on the world energy system, which forecasts that renewable energy sources will represent almost 50% of the increase in global electricity generation by 2035.
read more... 14/11/2013