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China’s consumption of coal nearly as much as the rest of the world altogether
According to the U.S. Energy Information Administration, China is now burning almost as much coal as the rest of the world combined, due to an increase of more than 200% in Chinese electric generation, in comparison to 2000 levels, fueled mostly by coal. Currently Chinese coal demand accounts about 47% of global consumption.
read more... 31/01/2013
UK could face energy fines from the European Commission
According to reports, the UK could face more than a quarter million pounds in fines because of the UK’s failure to apply the EU internal energy sector policy in Northern Ireland. Although two warnings Britain has still failed to obey with two measures proposed to open up energy competition for the benefit of the European energy sector and its consumers.
read more... 30/01/2013
EWEA: The European offshore wind installations at record levels in 2012
The European Wind Energy Association has recently released a new report according to which EU offshore wind energy sector is growing considerably, with 2012 being one of the most successful years in terms of wind power.
read more... 30/01/2013
Daily: European power prices tumble on strong wind power output
Brent crude prices increased on Tuesday, being supported by optimistic economic data and a weaker dollar that pushed up oil prices. Brent crude for March delivery climbed 88 cents or 0.78 percent, to settle at $114.36 a barrel, having traded from $113.07 to $114.49. Meanwhile, U.S. crude oil futures settled higher at $97.57 a barrel on Tuesday, up $1.13, backed by strong U.S. housing data which spurred the optimism about fuel demand.
read more... 30/01/2013
Scotland sets a new target to decarbonise power sector by 2030
Scotland established a target to cut carbon emissions from electricity generation by 2030, while pointing out the huge market for offshore wind beyond 2020, with First Minister Alex Salmond criticizing the U.K. government for disregarding such a target.
read more... 30/01/2013