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Daily: U.S. crude oil at five-month low on high supplies
Brent crude oil dropped on Tuesday after reaching a fourth-month low in the previous session, while U.S crude oil futures closed at their lowest level in five months, dragged down by forecasts for increasing supplies and persisting weak demand as Gulf Coast refineries were expected to remain out of service at least by the end of this week.
read more... 06/11/2013
Poland: coal demand could be reduced by 50% by 2030
Poland is one of the fastest-growing economies in the European Union and the power that drives it comes from the dirtiest of fossil fuels- coal. But, according to a new study made by researchers in Germany and Poland, renewable energy groups and environmental group Greenpeace, Poland could reduce by almost 50% its demand for coal by 2030 shifting to wind, solar, hydro, biomass and geothermal energies.
read more... 28/10/2013
Daily: European spot power drops on huge wind power output
Brent crude oil dropped below $107 a barrel on Friday on fears about higher supply and shaky demand, even if China posted its faster economic growth.
read more... 28/10/2013
EIA: Wind power could provide 18% of global electricity in 2050
A new report was presented by the International Energy Agency (IEA), according to which in 2050, wind power could increase almost eight to ten fold from current levels (2.6%), providing almost 18% of global electricity demand.
read more... 22/10/2013
Daily: British gas soars on weak North Sea supply
Brent crude oil futures traded steady above $110 a barrel on Monday on hopes the U.S. Federal Reserve would delay reducing its massive economic stimulus programme until next year, which could help encourage oil demand in the world's largest oil consumer. Brent crude futures for December delivery rose 10 cents to $110.04 a barrel by 03:43 GMT, while U.S. crude oil futures for November delivery increased by 3 cents to $100.84, after earlier boosting as high as $100.95.
read more... 22/10/2013