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UK: Electricity prices to double in the next years to come

UK electricity prices could almost twice in the next three years because of the impact of a new tax intended at supporting renewable power production. The report showed that wholesale prices could increase in comparison to those in Germany by 85% in 2016-17 and would maintain the trend in general for the next 7- 10 years.

read more... 29/08/2013

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Wind energy industry to grow considerably in the next years to come

Wind energy market is set to grow significantly as it is expected a major demand in Asian market. Recently, Siemens, a major wind turbine maker said that wind energy market is going to quadruple by 2030.

read more... 29/08/2013

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Daily: Brent prices increased to six month high on rising anxiety in Syria

Brent crude jumped to a six-month high on Tuesday, increasing more than $3 in heavy trading to reach $114 per barrel on rising worries on Syria, while U.S. crude also added more than $3 per barrel on worries that Western involvement could undermine the Middle East supplies. Brent crude registered its biggest daily percentage gain since October, growing $3.63 at $114.36 per barrel a 3.3 percent increase, after hitting a session high of $114.42. Meanwhile U.S. crude augmented 3.09 dollars to settle at $109.01 per barrel.

read more... 28/08/2013

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EDF Energy increased its carbon emissions by almost 40%

EDF Energy has recently released its latest sustainability report according to which last year it has emitted 21 million tons of carbon dioxide registering an increase of almost 40% in comparison to 2011 levels.

read more... 28/08/2013

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Germany could lose its title of global leader in the PV market

Currently the German Federal Association of Electricity and Water (BDEW)has announced that Germany has set a new record with German solar PV plants producing more than 5.1 TWh last month, representing an increase of about 19% in comparison to the 4.3 TWh registered a year before. Germany’s new solar power record was the result of sunny weather and improved solar power capacity.

read more... 28/08/2013

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