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Renewable energy situation worldwide

Renewable energy sources of energy have been the driver of the major growth in the global clean energy sector since 2000. Current years have seen a major expansion of wind and solar photovoltaic (PV) technologies, while other renewable like hydropower, geothermal and biomass, continued to grow from a strong established base, adding hundreds of GW of new capacity worldwide.

read more... 21/08/2013

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China is becoming a driving force in renewables investments across the world

China ranks first in the world in attracting renewable energy investment, receiving US$ 65.1 billion in 2012. However, a new analysis performed by the World Resources Institute (WRI) shows that China is increasingly becoming a global force in international clean energy investment.

read more... 20/08/2013

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Daily: European spot power prices boost as consumers return from holiday

Brent crude oil closed above $110 a barrel on Monday as conflict in Egypt stocked fears over oil supply security across the Middle East and North Africa.

read more... 20/08/2013

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China’s coal production declined in the first 7 month of the year

China is the world’s largest producer and consumer of coal, with official data showing its coal production at 3.66 billion tons in 2012. According to the IEA, China is responsible for 47 percent of global coal consumption, becoming a net importer in 2009.

read more... 20/08/2013

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Statkraft: Another two gas-fired power plants to be closed in Germany

The Norwegian energy company Statkraft has decided to close two gas-fired power plants with a total capacity of 1,200 MW in Germany, just six years after they were commissioned, citing unprofitability reasons.

read more... 19/08/2013

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