According to Italian Coal Association Assocarboni, the country’s thermal coal imports for this year are likely to stay steady at 19 million metric tonnes, with about 80% of imports coming from Indonesia, the US and South Africa.
read more... 14/11/2013
The International Energy Agency has recently released its annual report on the world energy system, which forecasts that renewable energy sources will represent almost 50% of the increase in global electricity generation by 2035.
read more... 14/11/2013
Brent crude recovered to about $106 per barrel on Wednesday, encouraged by speculation that the U.S. Federal Reserve may soon start to slash its monetary stimulus.
read more... 14/11/2013
The Cyprus government and the French energy giant Total signed an agreement envisaging the development of a liquefied natural gas (LNG) plant at Vasilikos, Limassol, in Cyprus, with the deal certainly boosting morale in Cyprus and optimism about the potential of natural gas to save the national economy.
read more... 14/11/2013
Germany is on the way to miss its target for offshore wind power expansion in the North Sea as expansion is not moving ahead as planned. Dutch transmission system operator Tennet stated that new offshore wind capacity in the North Sea is to be limited to 7 GW by 2023, as current targets are unrealistic.
read more... 13/11/2013