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Spain: wind power was the main energy source in 2013
According to a new report from grid operator Red Electrica de Espana, last year, Spain got the bulk of its electricity from wind power, which has narrowly beat out nuclear power and coal as the primary source of electricity for Spain in 2013. According to the figures, wind turbines met 21.1% of electricity demand while nuclear reactors provided 21% of power.
read more... 09/01/2014
EU ministers to call for a 2030 renewable target
A group of eight national energy and environment ministers has written a letter to Günther Oettinger, European commissioner for energy, and Connie Hedegaard, European commissioner for climate, calling for the European Commission to propose a new target for renewable energy for 2030. The letter is dated December 23 and was signed by ministers from Austria, Belgium, Denmark, France, Germany, Ireland, Italy and Portugal.
read more... 09/01/2014
Daily: German spot power dragged down by higher wind output
Brent crude oil boosted towards $108 a barrel on Wednesday, backed by fresh concerns over Libyan supplies and expectations for a decline in crude stocks in the United States.
read more... 09/01/2014
Russia: Oil production increased to a new record level in 2013
According to new figures released by the Russia’s energy ministry, last year Russia has produced the largest amount of oil, registering a new record level, since the post-Soviet period. Oil production increased by 1.4 % last year from 2012 levels, reaching a new record of 523.3 million tons (10.51 million barrels per day). December’s monthly production averaged 10.63 million bpd.
read more... 06/01/2014
EMEA to lead natural gas processing capacity by 2017
A new report presented by GlobalData, Europe, the Middle East and Africa (EMEA) are likely to build the most new natural gas-processing capacity in the coming years, enhancing the overall region’s capacity by more than 10 trillion cubic feet by 2017, followed by the Americas and Asia-Pacific region. The region, combined with Iran and Saudi Arabia, will account for 43% of new capacity worldwide over the forecast period.
read more... 06/01/2014