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Daily: EU carbon allowances at highest level since supply vote
Brent crude rose on Tuesday as U.S. gasoline prices jumped to four-month highs following refinery problems during summer driving season and higher prices for ethanol credits. Meanwhile, Brent crude for August delivery edged up 31 cents to settle at $109.40 a barrel, the highest settlement since April 2. In the same time, U.S. crude oil settled down 32 cents at $106.00 a barrel, while the front month contract has been trading at or above 70 since July 5.
read more... 17/07/2013
Enel Green Power has connected its first PV plants in Romania
Italian renewable energy company Enel Green Power SpA (EGP), a subsidiary of the Enel Group has announced it has connected to the grid its first photovoltaic plants in Romania. The two plants of Berceni 1 and Berceni 2, have a combined installed capacity of about 19 MW, are likely to generate almost 29 GWh per year. The plants are located in Prahova County.
read more... 17/07/2013
China boosts nuclear capacity
China's installed nuclear power capacity in 2015 will reach 42 GW, accounting for 10% of the world's total, according to the official Xinhua news agency.
read more... 17/07/2013
The EIB has granted Spain a €475m loan for power grid upgrade
The European Investment Bank (EIB) has granted to Spain’s Gas Natural Fenosa a 475 million euro loan for upgrading its power grid. The loan have the objective to support utility firm Gas Natural Fenosa’s four-year programme of investment in upgrading and expanding the overhead distribution network, laying underground cables and building substations.
read more... 16/07/2013
Italy’s Eni to diminish production targets at Iraq oil field
The Italian oil giant Eni decided to diminish production targets at its major oil field in Iraq-Zubair, while extending the duration of the Technical Service Contract for an additional five years, until 2035.
read more... 16/07/2013