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
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
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
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
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