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Daily: German forward power soared on firmer carbon, coal prices
Brent crude jumped on Tuesday in heavy spread trading as market players focused on the alleviation of tensions between Iran and the West. Front-month Brent crude for November delivery increased by 48 cents to settle at $108.64. Meanwhile, November U.S. crude decreased by 46 cents to close at $103.13 a barrel.
read more... 25/09/2013
India to build an ultra mega green solar power project by 2016
The Indian government unveiled its plans to build a 4GW project near Sambhar Lake in Rajasthan, being the largest solar power plant in the world.
read more... 24/09/2013
Siemens proposes to Germany a new energy transition concept
Germany could save over €150bn by 2030, reducing in such a way the cost of its transition to renewable energy from nuclear power, according to a new study released by Siemens, Europe’s biggest engineering company.
read more... 20/09/2013
Daily: European power up along with coal, carbon prices
Brent crude increased over $108 a barrel on Wednesday after crude oil inventories in the U.S. declined to the lowest level since March 2012. Meanwhile, Brent boosted 24 cents to $108.43 a barrel by 14:50 GMT, after falling to its lowest in more than a month in the previous session and U.S. crude rose 81 cents to $106.23, after slipping $1.17 per barrel on Tuesday.
read more... 19/09/2013
France to build a € 200 million euro pilot marine project
The French government will launch a tender on Saturday, envisaging the construction of pilot marine projects of 200 million euro ($267 million). The project is designed to spur the development of wave and tidal power.
read more... 18/09/2013