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Daily: British gas drops by 4 pct on oversupplied market

Crude oil prices on both sides of the Atlantic rose on Tuesday as geopolitical risk returned into the markets, even as the dollar index turned positive after a mid-morning phone call between U.S. President Barack Obama and U.S. House Speaker John Boehner over the budget crisis. Meanwhile, Brent increased by 48 cents to settle at $110.16 a barrel, after earlier recording gains of over $1. U.S. oil traded 46 cents higher to $103.49, after earlier gaining over $1.

read more... 09/10/2013

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PV installations worldwide to reach 41 GW in 2014

Photovoltaic installations worldwide are expected to rise at their fastest pace in the last three years next year, reaching more than 40 GW and generating installation incomes of about 86 billion dollars. PV installations in 2014 are likely to rise by 17-18 percent, increasing from 15 % of last year and 13 percent in 2013. The highest rate of growth was last registered in 2011 with a 35 percent increase.

read more... 08/10/2013

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Scotland's renewables industry displaces record amount of CO2 emissions

According to official statistics, Scotland has recorded the largest ever drop of CO2 emissions. Scotland's renewable electricity industry generated 14,825 GWh last year, displacing 10.3 million tones of CO2, a 24% increase if compared to the 8.3Mt of CO2 displaced in 2011.

read more... 07/10/2013

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Daily: British gas declines on low demand, ample flows

Brent crude futures posted a slide below $109 a barrel on Thursday, following the biggest gain in two weeks in the last session, dragged down by concerns over a prolonged U.S. government shutdown would hit demand in the United States. Meanwhile, Brent crude decreased by 28 cents to $108.91 by 02:47 GMT, after settling $1.25 higher and U.S. oil dropped by 41 cents to $103.69, after ending $2.06 higher.

read more... 04/10/2013

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EDF Energy increased its carbon emissions by almost 40%

EDF Energy has recently released its latest sustainability report according to which last year it has emitted 21 million tons of carbon dioxide registering an increase of almost 40% in comparison to 2011 levels.

read more... 03/10/2013

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