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Global CO2 market: decline by 38% in 2013

The value of global carbon markets reduced by 38% arriving at 38.4 billion euros in 2013, because of a drop in prices in the major EU and U.N. schemes and the restricted trade in new programmes, according to the analysts at Thomson Reuters Point Carbon.

read more... 03/01/2014

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Brent crude increases after heavy plunge

The price for Brent crude rebounded by 33 cents to $108.11 per barrel on Friday after having recently registered its largest decline since late June (or by 2.7%), mainly because of expectations for an increase in the Libyan supply and vigilance ahead of data on U.S. stockpiles.

read more... 03/01/2014

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Britain: wind power production expected to reach a record high

Wind farms in Britain are expected to generate a record amount of electricity on Friday on anticipation of heavy storms, according to the country's power network operator.

read more... 03/01/2014

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Germany’s “Energiewende” is not as successful as thought

Currently, Germany is in the process of completely transforming its energy sector at a pace unmatched by other industrialized nations. It describes the country's politically supervised shift in direction from nuclear and fossil fuels to renewable sources of energy. The very term "Energiewende" is some 30 years old, but nowadays, the term is primarily associated with a fundamental policy shift in the country after the 2011 nuclear plant disaster in Fukushima, Japan. In the wake of Fukushima, Berlin oversaw the immediate closure of eight nuclear plants in Germany, with the rest of the stations to be shut down by 2022.

read more... 02/01/2014

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Hydropower in Switzerland

Currently in Switzerland there are 556 hydropower plants which are able to generate more than 35,380GWh per year. Hydroelectricity is the most important domestic primary source of energy, producing about 60% of Swiss electricity.

read more... 02/01/2014

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