Latest news
Germany sets new legislation to avoid electricity blackouts
The German parliament adopted a law aimed to curb blackouts by easing 3 GW of capacity, as the country’s costly nuclear phase-out and fluctuating renewable are threatening its power grid.
read more... 04/12/2012
EDF Extend life of Hunterston B nuclear power plant until 2023
Hunterston B nuclear power plant has been operating since 1976, and has a combined capacity of 890,000kW. It had been scheduled to close in 2016, but yesterday, power firm EDF Energy has announced that the operating life of Hunterston B nuclear power station in Ayrshire has been extended by seven years.
read more... 04/12/2012
Daily: UK gas prices climb on increased demand for heating
Front-month Brent and U.S. crude oil futures increased in November by 2.3 and 3.1 percent respectively, backed by concerns that the unrest in Middle East could lead to supply disruptions. Meanwhile, Brent settled at $111.23 a barrel on Friday, trading up 47 cents on the day and the front-month contract ended October at $108.70 a barrel. U.S. crude climbed 84 cents to settle at $88.91 a barrel, while the front-month contract ended October at $86.24 a barrel. The month of November marked the first monthly gain for U.S. oil since August.
read more... 03/12/2012
Global CO2 emissions reached a new record in 2012
Global emissions of carbon dioxide were at a record high in 2011 and are expected to take a similar jump in 2012, as this year global CO2 emissions from the burning of fossil fuels are likely to hit 2.6% rise in comparison to 2011 levels, and according to some scientists it's quite impossible now that global warming can be limited to 2 degrees, which is the international target. Current level of the gas emissions is at 58% higher than 1990 levels.
read more... 03/12/2012
EC is investigating over Germany’s green energy law
The European Commission said it is investigating over German subsidies for renewable energy as a pressure group representing more than 13,000 households and small businesses in the country protested that present legislation illegally favors large industrial energy customers.
read more... 03/12/2012