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Daily: European spot power drops for the second straight day on more wind
U.S. crude oil dropped below $98 to their lowest level in almost four months on Tuesday, while European Brent traded higher on concerns of a near-term U.S. crude surplus drove the spread between two contracts to the largest gap since April.
read more... 23/10/2013
Spain’s wind power sector
Wind was Spain's top electricity generator for the first six months of 2013. Spain has a vigorous and varied renewable energy portfolio that has considerably reduced its dependence on fossil fuels. Currently Spain imports more than 80% of its gas and coal for domestic use from abroad, making energy security a national precedence. Along with significant growth in solar energy and biofuels, wind energy has become a cornerstone of the Spanish renewable energy portfolio.
read more... 23/10/2013
French GDF Suez to make a first step in UK’s shale gas exploration
French energy major GDF Suez has struck a deal with Australia-listed Dart Energy to explore 13 onshore licences prospective for unconventional gas in the UK. This will represent the first step for the GDF into the shale revolution despite a ban on exploration in France.
read more... 23/10/2013
EIA: Wind power could provide 18% of global electricity in 2050
A new report was presented by the International Energy Agency (IEA), according to which in 2050, wind power could increase almost eight to ten fold from current levels (2.6%), providing almost 18% of global electricity demand.
read more... 22/10/2013
Eni CEO: EU economies could face a long-term structural challenge to compete with industrial operators in the US
The shale gas revolution in the US is frequently mentioned as one of the major highlights of the world’s energy industry in the last 10 years. The growth in shale gas production in the US since 2001 has led to significant changes in the national energy market.
read more... 22/10/2013