Latest news
Finland will close most of coal power industry and will increase carbon taxes in 2018
Finland has a goal to get rid of coal as an energy source by 2030. To achieve this new legislation will be approved next year, imposing a ban on the coal plants, however leaving "room for maneuver" to ensure the security of supply. Some coal-fired power plants could still be available, to avoid the risk of blackouts.
read more... 01/09/2017
UK should extend its power sector, as diesel and petrol cars ban will increase the number of electric cars
Britain must build new power plants, grid networks, and electric vehicle charging points to avoid local power shortages, supporting millions of more battery-powered vehicles over the next two decades. Replacement of banned diesel and petrol cars with electric is technically feasible, and if drivers can be persuaded to recharge them overnight - when spare power capacity is abundant - the huge infrastructure cost could be reduced.
read more... 01/09/2017
Daily (01.09.2017): European carbon prices dropped by 1.3% on Tuesday, below €6 level
Oil prices rose slightly on Thursday, contrary to the expectations of the OPEC, as oil traders focused more on Hurricane Harvey’s hit on oil demand than the impact of supply disruptions. For some veteran OPEC officials, Hurricane Harvey’s impact on global oil markets was quite strange, as the storm has led to some of the biggest disruptions to U.S. energy infrastructure, but failed to boost strongly the crude prices. Brent crude ended $1.52, or almost 3% up at $52.38, while the WTI price grew by 2.76% at $47.23 a barrel.
read more... 01/09/2017
Total hopes to obtain 2 million gas and power customers in France
French oil and gas company Total will begin to retail gas and electricity in France by the end of this year and hopes to win about two million customers, as stated on Wednesday by chief executive Patrick Pouyanne.
read more... 31/08/2017
World’s largest wind turbine producer says “Goodbye” to the oil industry
Denmark is getting rid of its last oil company as the petroleum age is slowly dying out. The most recent deals is the acquiring of Maersk Oil by the French giant Total for $7.45 which follows the sale of Dong Energy’s North Sea oil and gas production to Ineos AG.
read more... 30/08/2017