Latest news
USA: Renewable energy represented 50% of new added capacity in 2012
Last year almost half of all new installed capacity in the USA was from renewable sources, in major part from wind and solar. The US has one of the largest wind power installed capacities in the world, enough to supply almost 10 million households across the country. Wind was the most popular renewable energy source in 2012 by far, accounting for 13.1GW.
read more... 04/09/2013
CO2 emissions to drop in China in the next years to come
Renewables in China are expected to continue to lead the market, together with an increased dependence on natural gas, meaning that emissions from the sector are expected to peak in 2027 as coal's share of the energy mix falls to 44 % in 2030 from 67% in 2012.
read more... 03/09/2013
China could soon become the biggest oil importer in the world
According to new figures from the U.S. Energy Information Administration, China could surpass the U.S. as the world’s largest net oil importer before the end of this year. EIA projects that total annual oil production in the USA will increase 28% in the period from 2011 to 2014, lessening the country’s reliance on foreign oil.
read more... 03/09/2013
Daily: European power prices up on lower nuclear production
Brent futures recovered from a $2 drop early in the day, rising 35 cents to settle at $114.36 per barrel while the U.S. crude oil prices decreased 83 cents to trade at $106.82 per barrel at 1PM EST, the end of a thinly traded, holiday-shortened day. It had dropped as low as $104.21.
read more... 03/09/2013
Coal future in Europe
Because of the current low prices of coal and carbon allowances, coal has revived as an economically interesting input for power generation in Europe. The economic advantage of coal over natural gas poses major questions for the already troubled gas fired power plants, meanwhile the EU wants to see a shift from coal-fired power generation towards renewables and gas, which are emitting less greenhouse gasses into the atmosphere than power generated from coal.
read more... 03/09/2013