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Daily: EU carbon prices recover after a one-month low
Brent and U.S. crude futures rose on Thursday, overtaking a string of seven lower settlements, backed by optimistic UK economic data and a rally by refined products futures on fears about Hurricane Sandy hitting refineries on the East Coast.
read more... 26/10/2012
UK solar installations reached 1.3 GW due to drastic cuts in FiT
The Department of Energy and Climate Change has released new figures according to which a total capacity of 1.3 GW of solar installations was installed nationally at the end of September 2012. The severe cuts in feed-in tariffs for solar power in the UK reduced installations by almost 60 % in April, leaving the government far behind from its goal of 22 GW of PV by 2020.
read more... 26/10/2012
Single EU power market plan for 2014 to be delayed
The European Union's 2014 target for creating a common power market faces delay as some countries have yet to reform relevant rules, according to Capacity Allocation Service Company, which handles transmission capacity in much of the EU.
read more... 26/10/2012
UK government offers new 167 oil and gas exploration licenses in North Sea
The UK Department of Energy and Climate Change (DECC) has offered 167 new oil and gas licenses to companies under the 27 Licensing Round, following a record level of interest by oil companies.
read more... 26/10/2012
IEA: Oil prices to fall over the next 5 years
The International Energy Agency has predicted that oil prices will significantly drop to 89 dollars per barrel by 2017 from the current level, due to slow economic growth and problems in the euro zone.
read more... 25/10/2012