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UK hit another solar energy record in June

Solar power has hit new record highs in the UK, providing almost a quarter of the country’s electricity (23.9%) at one point in June.

read more... 06/07/2016

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UK is likely to miss its legally binding 2020 targets for renewable energy: National Grid warns

The UK is likely to miss its EU 2020 targets for renewable energy, the National Grid has concluded.

read more... 06/07/2016

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Germany to cap offshore wind power installations

German government envisaging capping the installation of offshore wind farms in the period between 2021 and 2025 to ensure the future growth of renewables keeps pace with the construction of new power lines.

read more... 06/07/2016

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Daily: Crude oil plunges 5 % on Brexit possible implications over economy

Crude oil prices plunged nearly 5 percent on Tuesday, on investors’ concerns that Britain’s exit from the European Union would sink the economy, with energy demand incapable of absorbing the oversupply. Brent futures lost $2.14, or 4.3 percent, to settle at $47.96 a barrel, while U.S. crude declined $2.39, or 4.9 percent, to close at $46.60.

read more... 06/07/2016

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Russian gas conglomerate Gazprom to increase its output by 8% in 2016

Russia’s gas conglomerate Gazprom will increase its output this year by 8.1% to 452.45 billion cubic meters, said Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee.

read more... 05/07/2016

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