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Coal future in Europe
Because of the current low prices of coal and carbon allowances, coal has revived as an economically interesting input for power generation in Europe. The economic advantage of coal over natural gas poses major questions for the already troubled gas fired power plants, meanwhile the EU wants to see a shift from coal-fired power generation towards renewables and gas, which are emitting less greenhouse gasses into the atmosphere than power generated from coal.
read more... 03/09/2013
China to offer more subsidies for renewable energy
The National Development and Reform Commission (NDRC) said that China will increase subsidies for cleaner forms of electricity from Sept. 25, in a move that aims to help thermal power plants meet the country's tough new air pollution standards.
read more... 02/09/2013
Energiewende: German model of clean energy transformation
Germany is now in the middle of an unprecedented clean energy revolution due to “Energiewende,” a strategy to revive the national energy system, as Germany pledges to reduce its overall energy consumption by 50 percent and hit 80 percent of renewable energy by 2050. Up to present, the country has already registered a great progress toward achieving this ambitious goal.
read more... 02/09/2013
Daily: European power down on a major wind power generation
Brent crude oil chopped down because of unbalanced trade on Friday, ahead of a long weekend in the United States. Brent crude for October decreased $1.12 to $114.04 per barrel by 18:16 GMT after previously reaching a low of $113.63 prior to Kerry's speech. U.S. crude for October delivery fell $1.22 to $107.58 after hitting a low of $106.75.
read more... 02/09/2013
UK gas imports hit a new record in the first six months of 2013
British gas imports hit a new record in the first six months of 2013 with total quantities of imported natural gas amounting to 28.3 billion cubic meters, increasing 9% in comparison to 2012 levels, being also the highest first-half gas import levels ever seen.
read more... 02/09/2013