Latest news
EIA: Natural gas demand to slow by 2018
The IEA has currently released a new report according to which the natural gas demand for power generation will slow in the next five years because of a decline in EU demand and problems in the Middle East and Africa with upstream production boost.
read more... 21/06/2013
Angela Merkel envisages an amendment of Renewable Energy Act if re-elected
Chancellor Angela Merkel engages to curb the generous support for renewable energy if she is re-elected in September. Thus, Germany would be the latest European country to pull back incentives for renewable sources.
read more... 21/06/2013
UK electricity production increased 20% in 2012
In 2012, electricity generated from renewables represented 11.3%, increasing in comparison to 9.4% in 2011. Generally, renewable electricity generation increased 20%, to 41.1 TWh in 2012 from 34.4 TWh in 2011, while capacity increased 26% to 15.5 GW.
read more... 20/06/2013
Daily: Crude oil prices pressured by Fed CEO
Crude oil prices were under pressure on Wednesday following the declaration of U.S. Federal Reserve CEO Ben Bernanke that the Fed should reduce the amount of money it injects into economy later this year, while higher crude stockpiles in the United States also hit prices.
read more... 20/06/2013
German coal-fired power plant projects
Following are details of the status of coal-fired power plant projects in Germany, a sector targeted by campaigners against climate-harming carbon emissions. The rapid expansion of green energy has also curbed progress for new fossil fuels-based plants, although they were expected to play a bigger role in the energy mix after Germany decided on a quicker-than-planned withdrawal from nuclear power. Coal is still Germany's most important generation fuel.
read more... 20/06/2013