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Daily: Brent drops below $111 on Iran’s nuclear proposals at Geneva

Brent crude decreased below $111 per barrel on Tuesday after Iran’s proposal over its nuclear programme at talks in Geneva, while the possibility of a U.S. debt deal in Washington added some support. Brent dropped 54 cents at $110.50 a barrel at 09:56 GMT, after settling down in the two previous sessions, while U.S. oil was down 58 cents at $101.83 a barrel, after closing 39 cents higher.

read more... 16/10/2013

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Czech Republic: Nuclear power seems to be “crucial” in its new energy strategy

While many European countries decided to give up nuclear power, the Czech Republic wants to increase the share of nuclear power in its energy mix.

read more... 16/10/2013

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Daily: European power prices increased on lower wind production

Brent crude oil futures decreased below 111 dollars on Friday, due to improved supplies which counterbalanced optimism for a possible end to the U.S government shutdown. Brent oil was down 77 cents at $111.28 per barrel at 1415 GMT, while U.S. crude decreased $1.75 at $101.26 per barrel, on track for its fourth weekly decline in five weeks.

read more... 14/10/2013

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Daily: European spot power declines on weaker demand, German curve tumble

Brent crude oil futures increased to about $3 per barrel, ending with their biggest gain in more than a month on Thursday, on increasing hopes for a deal to prolong funding of the U.S. government and on worries about supplies from Libya and the Middle East.

read more... 11/10/2013

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Biggest solar park in UK to be built in North Wales

The Compton Group, a green energy developer is aiming to build the UK’s largest solar park in North Wales. The project is likely to see something like 180,000 panels erected over 220 acres on land near Deeside Industrial Park and would create enough green electricity from the sun to power about 11,000 households. The development could create more than 100 jobs during the construction phase and a small number of positions once ready.

read more... 10/10/2013

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