Latest news
Germany: 100% renewable electricity supply by 2050
Germany has pledged to reduce greenhouse gas emissions by 35% below the 1990 levels by 2020 and by 80-85 % by 2050. In order to reach such a goal, Germany plans to transform its electricity supply system to completely renewable based electricity. In the first six months of 2012, the amount of electricity produced from renewable energy rose from 20% to 25%, bringing the country closer to its targets of 35% by 2020 and 80% by 2050.
read more... 27/11/2012
Daily: European spot power declines on strong French nuclear supply and milder weather
Front crude Brent and U.S. crude oil increased on Friday, backed by new protests in Egypt and optimism about talks on releasing aid to Greece. Front crude Brent climbed 83 cents to settle at $111.38 a barrel on Friday, posting a weekly gain of $2.43. Meanwhile, U.S. crude oil futures rose 90 cents to settle at $88.28 a barrel on Friday, posting a weekly gain of $1.61.
read more... 26/11/2012
Ireland to get over 70 percent of its electricity from renewables by 2030
Ireland is planning to get more than 70 percent of its electricity from renewable sources by 2030, according to a new report commissioned by the World Wildlife Fund of Northern Ireland.
read more... 26/11/2012
CCS to compete with other forms of renewable energy by 2020
According to a Government-commissioned report, fossil fuel power generation with carbon capture and storage (CCS) is likely to compete cost-effectively with other forms of renewable energy, being able to generate electricity at around £100 per megawatt hour (MWh) by the early 2020s.
read more... 26/11/2012
Natural gas trading to become more like coal, not oil
New natural gas discoveries and rising demand are changing gas from a cluster of regional markets into a global marketplace, but instead of becoming a second oil market gas is likely to become more like coal.
read more... 26/11/2012