Latest news
EC’s legal action against UK over failure to meet its air pollution target
The European Commission has initiated legal procedures against the UK, which is now facing fines of approximately 300 million pounds a year since it has failed to meet by 2010 its objectives of cutting nitrogen dioxide levels, believed to cause premature death and affect children’s lungs. About 29,000 people per year are dying prematurely because of small particles in air pollution, which can cause cancer, heart attacks and respiratory disease.
read more... 21/02/2014
Daily: WTI price above 102$, set to hit the 6th weekly increase
U.S. crude steadied above $102 a barrel on Friday, likely to hit its sixth weekly increase, backed by robust heating demand in North America and since a new pipeline drew off supplies from Cushing, Oklahoma, the WTI contract's delivery point.
read more... 21/02/2014
Biomass sources could supply about 50% of UK’s energy demand by 2050
The United Kingdom has all the necessary means to reach about 50% of its energy needs from biomass sources, according to a new report released by a team of scientists with the University of Manchester's Tyndall Center for Climate Change Research.
read more... 21/02/2014
Iberdrola to invest more abroad and less in Spain
Spanish Iberdrola, the world’s major wind power generator, has expressed its disapproval regarding the latest energy market reform announced by the Spanish government, declaring that the changes in the energy policy will discourage important investment. The company’s net earnings reduced 7% in 2013, as a result of Spanish regulatory modifications and fiscal measures.
read more... 20/02/2014
France: CRE is looking for measures to reduce tensions on French gas market
French energy regulator CRE launched this week a public consultation with industrial players envisaging temporary measures and solutions aiming to curb the wholesale gas price gap between the north and the south of France, before the establishment of a unified market in 2018.
read more... 20/02/2014