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No punitive EU duties on Chinese solar panels
The European Commission announced that will continue anti-subsidy investigations over Chinese solar panels, which is running parallel to the EU’s anti-dumping proceedings, but without provisional measures.
read more... 08/08/2013
Sweden prefers renewables to nuclear
Recently Sweden's energy minister, Anna-Karin Hatt, has announced that the government will not subsidize new nuclear power plants, favoring renewable investments. Electricity production in Sweden is dominated by nuclear power and renewables, which currently make about equal contributions to energy production- about 40%.
read more... 07/08/2013
Wind power No. 1 in the USA in 2012
Last year, wind power became the number one source of new electricity generation capacity for the first time in the US, accounting about 43% of new electric additions with more than 13 GW added to the grid, nearly double compared to 2011.
read more... 07/08/2013
Daily: Crude oil slips on Iran’s president nuclear talks
Crude oil dropped around $1 a barrel on Tuesday on Iran’s new president initiative to negotiate with West over Tehran’s controversial nuclear program and following a slide of U.S. gasoline prices dragged down by a sell-off in ethanol credits. Meanwhile, U.S. oil declined $1.26 to settle at $105.30 per barrel, hitting a session low of $104.86 a barrel. Brent crude slipped 52 cents to close at $108.18 per barrel, having fallen to a low of $107.46.
read more... 07/08/2013
Germany: Green energy boom bedevils conventional power plants
German utilities are intensifying pressure on the government ahead of Federal elections due to be held in Germany on 22nd September to ease green policies that are hitting their profits.
read more... 07/08/2013