Latest news

Europe launches the coupling of the Northwest European day-ahead power markets

Europe took a further step towards a single power market by unifying electricity trading across 15 countries, a process called market coupling.

read more... 06/02/2014

news

US authorises limited crude oil exports to Europe

The U.S. government has approved some new licenses to export crude oil to Europe for the first time after the country banned crude exports following the oil shocks of the 1970s. In December last year, Exxon Mobil Corp. joined Royal Dutch Shell and ConocoPhillips in publicly urging a repeal of the 1970s era federal law that strictly limits exports of domestic oil.

read more... 05/02/2014

news

Daily: European power prices firm alongside carbon prices

Brent crude oil registered at a three-month low on Tuesday, dragged down by the downturn in emerging markets, while U.S. crude settled higher, spurred by continued demand for heating fuels and the expectation of oil inventory figures to indicate a large draw from storage at the benchmark's delivery point, at Cushing, Oklahoma.

read more... 05/02/2014

news

CCS technology could help Britain to meet its carbon emission reduction target

A new report from the Trades Union Congress (TUC) indicates that a rapid development of carbon capture and storage (CCS) could help Britain to become self-sufficient again in terms of energy.

read more... 05/02/2014

news

Denmark: Wind energy production sets world record

Wind energy capacity is growing quickly in many countries all over the world, despite many disadvantages of using wind energy, most particularly is the intermittent accessibility of wind energy.

read more... 05/02/2014

news