Latest news
China to build two nuclear power plants in Iran
China envisages building two new nuclear power plants in Iran on the Makran coast, near the Gulf of Oman, Iran’s Atomic Energy Organization head Ali Akbar Salehi announced Wednesday.
read more... 24/07/2015
Germany’s coal imports likely to drop by 5.7%
Germany's coal imports are expected to drop to 53 million tonnes in 2015 from a record high last year of 56.2 million, as stated by a lobby group VDKi on Thursday, quoting lower demand from power stations and steel producers.
read more... 24/07/2015
Daily: Brent crude hits its lowest settlement since April on supply glut, weak demand
Brent crude oil futures hit its weakest point since April on Thursday and U.S. crude declined below $49 a barrel for the first time since late March, on continued worries about robust supply and low demand which offset support from dollar’s depreciation. U.S. crude for September delivery shed 74 cents to close at $48.45 a barrel, the weakest settlement since March 31. Brent crude for September delivery dipped 86 cents to settle at $55.27, the lowest settlement since April 2.
read more... 24/07/2015
Bulgaria enforces 5% revenue tax on electricity producers, importers
Bulgaria will enforce a 5 percent tax on profits for power producers and importers since it aims to reduce a deficit at its state-owned utility, as decided by its parliament on Wednesday.
read more... 23/07/2015
UK unveils a new set of renewables subsidy cuts
UK unveils a new set of renewables subsidy cuts DECC proposed a new wave of incentives cuts for small – scale solar installations, modifying the way renewable projects qualify for payments and changing subsidies for biomass plants.
read more... 23/07/2015