Latest news
China’s generation capacity to double by 2030
China is likely to more than double its generation capacity by 2030, with half of all new plants powered by renewable sources including large hydro, while coal will remain the most important fuel. China’s total power generating capacity would almost double by 2030 to 2.7 terawatts.
read more... 28/08/2013
Daily: European power prices increased on weak supply from wind and solar
Brent crude futures extended gains to more than $111 per barrel , due to intensifying worries over a supposed chemical weapons assault in Syria added to fears of increased turmoil in the Middle East that could interrupt deliveries. Brent prices for October delivery increased 16 cents to $111.68, the highest since April 2, while U.S. crude for October delivery augmented 46 cents to $106.88 after a 1 % plunge last week
read more... 27/08/2013
Norway: 8 new wind farms to be build in a bid to triple capacity
Norway has an excellent wind power potential. Norway has an official goal of triple its capacity to more than 2 GW and to have 67.5 % of its energy consumption from renewable sources by 2020. The potential for wind power in Norway is however much greater than this and totally there is applied for 66 TWh with wind power in Norway.
read more... 27/08/2013
Poland to continue its reliance on coal
Historically, Poland has been an important producer and exporter of coal. Poland became the principal coal producer in Europe in the 1970s. Poland consumes more than 75 million tons of coal per year, which makes it the 10th largest coal consumer in the world and the 2nd largest in the EU, after Germany.
read more... 27/08/2013
China is on a fast track to increase consumption of natural gas
China, the world's fourth biggest gas consumer, is on track to increase the consumption of natural gas, while the demand for gas is forecasted to quadruple by 2030. Chinese gas market is rapidly gaining importance. In 2010 Chinese gas consumption was similar to Germany's and is expected to reach that of the entire EU by 2035.
read more... 27/08/2013