Latest news
Germany’s CO2 emissions set to increase for a second year
Germany is likely to increase its carbon emissions by 1.5% in comparison to 2012 levels due to a major consumption of coal. Coal is the most polluting fossil fuel and is responsible for contributing to global warming. Following the opening of two new coal power stations in 2012, six more are expected to open this year, with a total capacity of 5800MW.
read more... 30/07/2013
Daily: European spot power boosts on weak nuclear availability in France
Brent crude oil traded higher on Monday as supply disruptions in Europe offset previous’ week losses, while cautious investors were eager for the results of U.S. Federal Reserve meeting. Supply disruptions in Libya, Iraq and elsewhere have withdrawn over 500,000 barrels per day from the market.
read more... 30/07/2013
EU and China make great concessions to solve their PV trade dispute
China and European Union made great concessions on July 27 to solve their trade dispute over the export of underpriced Chinese solar panels.
read more... 30/07/2013
United States and China signed a production sharing contract on shale oil
U.S. energy company Hess Corp has signed a co-operation agreement with China National Petroleum Corporation (CNPC) to develop a shale oil block in China.
read more... 30/07/2013
UK: energy imports at their highest level in 2012
According to figures released by the government, UK’s energy imports reached record levels last year, increasing once more worries of possible blackouts in the future. The closure of old power plants, declining domestic reserves and low-emissions objectives all pose challenges to shift to low-cost sources of power.
read more... 29/07/2013