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Daily: Crude oil prices up on weaker dollar, Chinese economy growth at fastest pace
Crude oil prices settle a little higher on Friday as China unveiled that its economy increased in the third quarter at its fastest pace this year, while the U.S. dollar weakened. On Friday, Brent crude closed 83 cents higher at $109.94 a barrel, while U.S. crude oil boosted 14 cents and settled at $100.81 a barrel.
read more... 21/10/2013
The green energy sector in Italy is the one with the highest potential in Europe
The renewable energy sector in Italy is one with the highest prospective in Europe, being today a leading producer of electricity from renewable sources. The solar PV capacity has seen a great success, growing 3000% over the past three years. The wind market has also seen constant high levels of investment, with the number of installations increasing by almost 40% in 2012.
read more... 18/10/2013
Scotland’s renewable energy sources are now representing 40% of its power
Wind, wave and tide represent more than 80% of Scotland's renewable energy potential, and this potential is expected to be able to supply 25% of the European Union’s total energy requirements. Much of this potential at present remains unexploited, although continuing developments in engineering are enabling far more of Scotland’s renewable resources to be utilized.
read more... 18/10/2013
Daily: UK gas prices drop on milder weather
U.S. crude oil prices settled at the lowest level in more than three months on Thursday as inventories in the Cushing, Oklahoma, started to reverse a months-long drop, and as signs of progress in negotiations over Iran's nuclear program also added pressure on prices. Meanwhile, front-month December Brent crude settled $1.48 lower at $109.11 per barrel and U.S. oil closed $1.62 per barrel lower at $100.67, the lowest settlement price since July 2.
read more... 18/10/2013
UK: Small and medium wind installations recorded a 71% increase in 2012
According to a report called 'Small and Medium Wind Market Report 2013', the UK installed about 3,743 small and medium wind turbines amounting 37.52MW capacity in 2012, posting a boost of 71% compared to 3,086 turbines totaling 21.92MW at the end of 2011.
read more... 18/10/2013