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Ukraine to spend $1 billion to build up a strategic gas reserve
Ukraine has unveiled a plan to borrow $1 billion to create a strategic gas reserve in order to reduce its reliance on fuel imports from Russia.
read more... 17/02/2015
UK: Three major parties vow to end power generation from unabated coal power stations
David Cameron, Nick Clegg and Ed Miliband, leaders of Britain's three main parties, launched a joint pact stating that the UK aims to end power generation from unabated coal plants.
read more... 17/02/2015
Daily: European spot power prices jump on cold spell, weaker wind supply in Europe
Crude oil prices were little changed on Monday after hitting the highest level since nearly two months, as the dollar appreciation following the collapse of Greek debt negotiations helped to offset intensifying violence in Libya and worries about exports from Kurdistan. Brent futures fell 3 cents to hit $61.49 a barrel by 3 p.m. EST after touching an intra-day peak of $62.57 a barrel. U.S. March crude futures were flat at $52.78 a barrel. There was no settlement on Monday due to a U.S. public holiday, with Monday’s activity to be registered on Tuesday.
read more... 17/02/2015
American companies committed to build 20 GW of renewable energy in India
American companies SunEdison and First Solar agreed to build over 20,000 MW of renewable energy capacity in India by 2022, an amount greater than all the solar capacity in the United States.
read more... 17/02/2015
Statkraft and RWE Innogy to jointly develop the Triton Knoll offshore wind project in Britain
Norwegian utility Statkraft has acquired a 50% stake in Triton Knoll offshore wind project in Britain, joining existing German developer RWE Innogy.
read more... 16/02/2015