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Daily: Brent and U.S. crude settle lower as fiscal deal optimism lessens
Brent and U.S. crude oil futures declined more than 1 percent on Friday on hesitating efforts to negotiate a U.S. budget which intensified fears that a deal would not get done to avoid mandated tax hikes and spending cuts that could curb the economy and demand for petroleum. Meanwhile, Brent February crude dropped $1.23, or 1.12 percent, to settle at $108.97 a barrel, having traded from $108.66 to $110.28. U.S. February crude futures eased by $1.47, or 1.63 percent, to settle at $88.66 a barrel.
read more... 24/12/2012
Scotland breaks renewable generation record in first three quarters of 2012
Scotland broke the renewable electricity output record for the first three quarters of 2012, according to data released by the Department of Energy and Climate Change.
read more... 24/12/2012
Coal generates 35% of UK’s electricity
Coal still plays an important role in UK’s electricity generation, as in the third quarter of this year, coal generated about 35 % of the UK's electricity, according to Government figures, at the same time as gas provided 28 %of electricity, and nuclear 22 %, while renewable accounted just under 12%.
read more... 21/12/2012
Gamesa to sell 183 MW of wind projects to Impax, in Germany
Gamesa, a global technology leader in the wind energy industry, has signed an agreement with infrastructure fund manager Impax Asset Management, to sell 183 MW of wind energy projects in Germany.
read more... 21/12/2012
Daily: Brent crude edged lower after a choppy trading
Brent crude futures climbed on Thursday in a choppy trading as oil futures and the euro and U.S. dollar was hit by shifting impressions of developments on U.S. budget talks. Meanwhile, Brent crude futures eased 16 cents, or 0.14 percent, to settle at $110.20 a barrel, having traded from $109.70 to $110.66.
read more... 21/12/2012