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Daily: European power prices drop on higher German wind power generation
Brent and U.S. crude oil futures fell on Wednesday after U.S. government data indicated that domestic crude inventories increased much more than forecasted. Brent crude futures slipped 55 cents at $111.06 per barrel, while front-month U.S. crude oil futures shed 39 cents on Wednesday.
read more... 07/03/2013
IAEA: World nuclear power capacity increases in 2012 after Fukushima meltdown
World nuclear power generation recorded a slight increase in 2012, after a decline in the previous year aftermath the Fukushima catastrophe in Japan, according to a new report released by UN atomic agency (IAEA).
read more... 07/03/2013
UK: Gas prices hit 5 year highs
UK gas prices hit a five year high on Monday as unexpected stoppages at North Sea facilities sparked worries about the risk to power supplies. Within-day gas prices traded as high as 120 pence per therm, as the system was undersupplied by roughly 60 million cubic meters per day.
read more... 05/03/2013
EU wind power exceeds the 100 GW threshold in 2012
Last year proved to be a milestone for EU wind power, as installed wind power generation capacity increased by 12.3 percent to exceed the 100 GW threshold, according to EurObserv’ER’s 2012 Wind Power Barometer.
read more... 05/03/2013
UK coal consumption increased 32.5% in 2012
According to the latest statistics released by the Department of Energy and Climate Change, consumption of coal in UK increased by 32.5% in 2012, reaching its highest level since 1996, while gas output fell by 33.8%, its lowest level since the same year. Coal power surpassed gas, becoming the biggest single source of UK electricity in 2012.
read more... 01/03/2013