Latest news
IEA: Coal to overtake oil as leading energy source by 2017
Coal is expected to surpass oil as the world’s top fuel in the next five years, according to a report issued by the International Energy Agency (IEA), posting a threat of more greenhouse gases injection into the atmosphere than ever before.
read more... 21/12/2012
Daily: German power hits new lows on weaker spot prices
Front-month Brent climbed by $1.52 to settle at $110.36 a barrel on Wednesday, recording the biggest one-day gain since Nov. 19, while expiring U.S. January crude futures climbed $1.58, or 1.80 percent, to settle at $89.51 a barrel, having traded from $87.81 to $89.90, as expectations that a deal will be reached to avert the U.S. "fiscal cliff", brought support to demand.
read more... 20/12/2012
Areva to provide turbines for the Wikinger project in the German Baltic Sea
Iberdrola, a Spanish offshore wind technology developer has chosen the French provider Areva to supply the turbines for its 400MW Wikinger offshore wind project in the German Baltic Sea which will be built in 2016 and 2017. The two companies will now begin the consultation to decide the commercial and technical details of the supply contract.
read more... 20/12/2012
Germany to speed up power grid expansion
The German federal cabinet approved the law to accelerate the construction of 2,800 km of new high-voltage transmission lines, to help transport energy produced from renewable sources of northern Germany to the industrial centers of southern Germany, which are in shortage of energy.
read more... 20/12/2012
EU carbon market
Carbon trading is a market-based tool to limit greenhouse gases. The EU's emissions trading system (ETS) was launched in 2005 and is the European Commission's flagship mechanism to fight climate change.
read more... 20/12/2012