Crude oil declined on Monday, reversing a previous hike following the release of a survey which estimated higher OPEC production in November, while a stronger dollar dragged down the demand for commodities denominated in the currency. Brent crude futures eased 25 cents, or 0.6 percent, to settle at $44.61 a barrel. WTI futures fell 6 cents to close at $41.65, down from a session high at $42.61.
read more... 01/12/2015
Montenegro's power utility, EPCG announced on Thursday that China's Hubei Electric Power Survey & Design Institute has proposed the lowest bid to construct a new coal-fired unit of 250 MW at its Pljevlja power plant.
read more... 30/05/2014
European carbon prices are likely to raise by minimum 40 percent from current level of 5.38 euros to over 9 euros ($12.29) a tonne in 2020, as stated by about 70% of the 523 respondents asked in a survey by Thomson Reuters Point Carbon.
read more... 23/05/2014
The European Court of Justice received from Germany a complaint against the decision of the European Commission to study exemption to green energy charges that the country offers to approximately 2000 industrial energy consumers, as stated by the Economy Ministry on Friday.
read more... 03/03/2014
Fukushima’s prefecture, three years after the major earthquake which resulted in a nuclear disaster, has announced that they wish to be totally renewable powered by 2040. The idea is seen as a positive step to embrace renewable energy in Japan, where the national government remains pro-nuclear, despite a survey found that that 53 percent of Japanese people wanted to see nuclear power phased out gradually, while other 23% wanted it immediately done with.
read more... 06/02/2014