A recently released report by the Interstate Renewable Energy Council shows a double increase in the US PV installed capacity in 2010 compared to 2009, with over 124,000 new solar heating, cooling an solar electric installations.
read more... 04/07/2011
Norway’s Statoil ASA has discovered oil and condensate in the North Sea’s Krafla West prospect. Located around 26 kilometers south-west of the producing Oseberg South find, the discovery well encountered hydrocarbons in two columns with a total thickness of 300 meters.
read more... 01/07/2011
A recently released report by Britain’s largest wind and marine energy trade association shows a drop in prices for electricity generated from offshore wind power utilities. The whole-life cost of wind energy in UK is expected to be driven down by more than 15% between 2011 and 2022, while under auspicious conditions, the decrease in costs would reach as much as 33%.
read more... 01/07/2011
U.S. crude futures increased on Thursday, but closed the month down 7 percent and the quarter down by more than 10 percent registering the lowest level of the quarter since the fourth quarter of 2008. U.S. crude for August delivery rose for a third day and traded at 95.42 dollars a barrel, lifting 65 cents after a trading range from 93.88 to 95.82 dollars.
read more... 01/07/2011
A rapid fall in PV modules prices will be a primordial factor in demand recovery in the second half of the year; this is after a sharp drop in early 2011 because of new amendments in the incentivable systems across Europe. However, a fast growth in the first half of the 2011 placed the market in a good environment as to appoint a strong demand recovery in the second half of the year.
read more... 30/06/2011