Latest news
French EDF acquires a 80 % stake in Chinese wind energy firm
State-owned French energy giant EDF on Tuesday acquired a majority 80 percent stake in Hong Kong-based Chinese firm UPC Asia Wind Management (AWM), growing its presence on the Chinese renewable energy market.
read more... 12/07/2016
France will impose a tax on coal-fires power plants
A French government advisory committee suggested that France should up its taxes on coal-fired power plants as alternative options for France to phase out coal in favor of gas in order to reduce carbon emissions.
read more... 12/07/2016
Daily: Crude oil prices plunge at the lowest level in two-months on OPEC production rally
Crude oil prices plunged at their lowest level in two months on Monday after a study unveiled that crude oil output from the Organization of the Petroleum Exporting Countries has attained the highest level since August 2008 at 32.73 million barrels a day. West Texas Intermediate crude for August delivery lost 65 cents, or 1.4%, to settle at $44.76 a barrel on the New York Mercantile Exchange.The global benchmark Brent crude for September delivery declined 51 cents, or 1.1%, to end at $46.25 a barrel on the ICE Futures exchange in London.
read more... 12/07/2016
Germany unveils shift from renewables subsidies to auctions
Germany’s parliament adopted on July 8 an amended Renewable Energy Sources Act (EEG 2016), which replaces feed-in tariffs with competitive auctions and caps wind energy deployment to allow for the grid development to catch up.
read more... 11/07/2016
France’s Dunkerque LNG terminal gets its first cargo
Dunkerque LNG is commissioning its regasification terminal at Dunkirk, France, and expects commercial operations to begin in mid-September.
read more... 11/07/2016