Ukraine’s national energy company Naftogaz will receive a $3.7 billion loan from China to finance a program to substitute natural gas with locally produced coal for a 19 year period.
read more... 27/12/2012
Brent crude rose 2.1 percent to settle at $111.07 in thin trade as investors hoped that U.S. lawmakers would come up with a last-minute deal to prevent a fiscal crisis in the world's largest oil consumer. Meanwhile, Brent crude added 81 cents to $109.61 a barrel by 12:30 GMT, after settling 17 cents lower on Monday, the last trading day before Christmas.
read more... 27/12/2012
The Department of Energy & Climate Change has revealed that the UK is on track to achieve its 15% of the energy from renewable sources by 2020. This year, low carbon electricity generation increased by more than a quarter due to solar and wind new projects.
read more... 27/12/2012
The European carbon market is likely to lose 30% of its value in 2012 mainly because of an oversupply of carbon permits which are hitting average prices and increasing pressure on European governments to offer support.
read more... 27/12/2012
The China State Electricity Regulatory Commission has announced that in November electricity generated by clean energy grew 20.3% year on year to 74.8 billion kW hours, representing an increase of about 3.3% in comparison to the same period of last year.
read more... 26/12/2012