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Biomass to contribute to achieving the Scottish renewable target
Biomass presents an important source used to generate renewable energy, mainly for Scotland that plans to achieve its 2020 target of producing 100% of its energy from renewable sources. Biomass is a valuable source that is not affected by different factors, such as weather, on which depend other types of renewable sources.
read more... 23/06/2011
BP receives a £46 million settlement from Weatherford
BP announced on Tuesday that it has reached agreement with Swiss-based Weatherford to settle potential claims between the companies related to the Deepwater Horizon accident.
read more... 23/06/2011
Ofgem proposes tougher reforms for major UK power companies
The energy watchdog Ofgem has launched a set of rigid market reforms for Britain's six major power companies; involving the auction of more than one fifth of the electricity they generate, in order to increase competition on the market.
read more... 23/06/2011
Daily energy Overview, Wednesday, June 22, 2011
U.S. crude futures ended up on Tuesday as the euro increased against dollar on expectations that the Greek country will get a confidence vote and support the country avoid the debt crisis. U.S. crude for July delivery expired and traded at 93.40 dollars a barrel, up 14 cents, after a trading range from 92.50 to 94.74 dollars. U.S. crude for August delivery closed the session at 94.17 dollars, up 54 cents, after a trading range between 92.88 and 95.10 dollars.
read more... 22/06/2011
Scarcity in British wind farms
Britain has the lowest density of wind turbines among other European countries as compare to 1 turbine per 100 sq km in Britain, Denmark with 11 turbines, Germany and the Netherlands with 6, while Spain has 3.
read more... 22/06/2011