Latest news
EPA sets emission limits on new power plants
The US Environmental Protection Agency has recently proposed to limit carbon dioxide emissions from new power plants. Power plants are the largest concentrated source of emissions in the US, together accounting for roughly one-third of all domestic greenhouse gas emissions.
read more... 25/09/2013
Daily: German forward power soared on firmer carbon, coal prices
Brent crude jumped on Tuesday in heavy spread trading as market players focused on the alleviation of tensions between Iran and the West. Front-month Brent crude for November delivery increased by 48 cents to settle at $108.64. Meanwhile, November U.S. crude decreased by 46 cents to close at $103.13 a barrel.
read more... 25/09/2013
German industry association calls for the abolition of FiT system after re-elections
German BDI industry association wants Chancellor Angela Merkel, after re-election, to abolish the feed in tariff system that made Germany the biggest renewable energy market in Europe.
read more... 25/09/2013
Dong Energy to quadruple its offshore wind capacity by 2020
Dong Energy is aiming to have installed 6.5GW of operating offshore wind capacity in north-west Europe by the end of the decade, with an intermediate target of 3.5GW by end-2016. Dong has publicly adopted an unprecedented target of reducing its offshore wind cost of energy to €100/MW by 2020. This would correspond to at least 47% less than Germany's current feed-in tariff for offshore wind generation, which is set at EUR 190/kWh. The new 2020 benchmark target for offshore wind is to quadruple installed offshore wind capacity from its currently 1.7GW to 6.5GW in 2020.
read more... 24/09/2013
India to build an ultra mega green solar power project by 2016
The Indian government unveiled its plans to build a 4GW project near Sambhar Lake in Rajasthan, being the largest solar power plant in the world.
read more... 24/09/2013