Latest news
Germany sets a new solar PV power record since January to September
German production output from solar generation climbed nearly to 51% year-on-year since January to September, being backed by increased photovoltaic installation activity and a high number of sunshine hours, according to data released by the German Association of Energy and water Industries (BDEW).
read more... 06/11/2012
Daily: European spot power recovers after holidays
Brent and U.S. crude futures declined more than 2 percent on worries about fuel shortages in the U.S. Northeast after Hurricane Sandy began to ease and with the stronger dollar applying pressure to dollar-denominated oil. Meanwhile, Brent December crude dropped by $2.49, 2.3 percent, to settle at $105.68 a barrel, having traded from $105.51 and $108.80, while U.S. December crude fell $2.23, or 2.56 percent, to settle at $84.86 a barrel, having traded from $84.66 to $87.24.
read more... 05/11/2012
Onshore wind farms cost declines by 38 per cent in four years
The cost of operating and maintaining wind farms has plummeted 38 per cent over four years, according to new reports released by the wind industry and government, meaning that the cost is declining by about 11% a year, quickly approaching the cost of running conventional natural gas and coal-fired power plants.
read more... 05/11/2012
Poland to choose between nuclear power and gas
Poland is going to scrap its nuclear programme in favor of shale gas as a less risky investment option, according to the head of Polish state-owned utility PGE.
read more... 05/11/2012
Royal Dutch Shell: 15% drop in Q3 profits on lower oil prices
World No.2 oil company Royal Dutch Shell registered a 15 per cent decline in current cost of supply profits in the third quarter, dragged down by lower crude prices, a fall in output and special charges outweighed stronger margins in refining.
read more... 05/11/2012