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U.S. continues to govern the world geothermal market

The United States is continuing to be the world leader in terms of geothermal power with 147 MW of new capacity added last year, representing a 5% increase over 2011, according to data released by the Geothermal Energy Association.

read more... 01/03/2013

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Bulgarian government to resign amid protests over high electricity costs

After violent protests against electricity bills and austerity measures, the Bulgarian government has resigned on Wednesday. The Prime Minister, Boiko Borisov, had tried to calm protests pledging to cut power prices and punish foreign-owned companies, but the moves failed to defuse displeasure, and protests continued on Tuesday.

read more... 21/02/2013

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Daily: European power prices drop significantly after CO2 vote

Brent and U.S. crude oil futures increased on Tuesday after choppy trading supported by strong equities on Wall Street, with worries about France's economic growth capping any support from supportive data out of Germany. Brent April crude climbed 14 cents, or 0.12 percent, to settle at $117.52 a barrel, having traded from $116.55 to $117.60. Meanwhile, U.S. March crude gained 80 cents, or 0.83 percent, to settle at $96.66 a barrel, having traded from $95.25 to $96.73.

read more... 20/02/2013

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Northeast China gets its first nuclear power station since Fukushima disaster

The first nuclear power plant and the largest energy project in Northeast China since the accident at Japan's Fukushima Dai-Ichi plant in 2011 started operation on 17 February.

read more... 20/02/2013

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Daily: European spot power prices jump on colder weather forecasts

Brent crude oil futures settled below $118 per barrel on Monday backed by expectations of improving global growth and continuing tensions in the Middle East. Brent crude dropped 20 cents at $117.46 a barrel by 15:18 GMT after recording its first weekly loss since the first half of January. Meanwhile, U.S. crude shed 24 cents to $95.62.

read more... 19/02/2013

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