Wind farm operators are seeking for a new generation of colossal wind turbines, taller than many skyscrapers, as they want to remain profitable after EU cancels subsidies, that have ruled the green industry since the 1990s. The main countries of the EU offshore wind industry - Denmark, Germany, the Netherlands, and UK - are looking to gradually reduce contributions over the next decade. Subsidies still account for almost 50% of EU wind projects' income.
read more... 28/06/2017
Oil traded higher on Friday, due to falling crude inventories in the U.S., as a fundamental factor that supported prices.
read more... 26/06/2017
The European Commission has consented Danish state aid estimated at DKK57 million (£6.74m) to transform a cogeneration plant from coal to biomass.
read more... 22/06/2017
The EU declared on Monday it promised to cooperate with China, the world's biggest polluter, to achieve the target of limiting global warming to well below 2 degrees Celsius above pre-industrial levels, following the Trump’s decision to withdraw from the Paris climate agreement.
read more... 20/06/2017
Oil prices decreased on Monday, due to rising production in the United States, Libya and Nigeria, which has taken the edge off an OPEC-led initiative to support the market by cutting output.
read more... 20/06/2017