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Daily: UK gas prices up on Dutch, LNG terminal supply cuts
Brent crude was steady above $100 a barrel on Friday as supply disruptions in the North Sea and Iran diminished worries over a weaker fuel demand in China, whose economy faces the slowest growth pace since 2009. Brent crude declined 22 cents at $100.85 a barrel by 03:39 GMT, while U.S. crude dropped 15 cents at $85.93.
read more... 13/07/2012
China could surpass Europe as the world's top renewable energy growth market
China could surpass Europe as the world leader in renewable energy growth market in 2012 green as Europe’s economic recession have moved into the background the renewable energy market, according to a recent report released by the US International Energy Agency (IEA). China’s renewable energy market will grow by over 20 GW this year, surpassing European OECD countries, while the European renewable development will ease to below 20 GW.
read more... 13/07/2012
Italy: new incentives measures on renewable power could jeopardize the green energy future
Italy’s expanding renewable energy industry is slowing after the government curbed renewable energy support and adopted new steps to already quite complicated procedure to apply for incentives.
read more... 13/07/2012
IEA: global installed PV capacity to reach 230 GW by 2017
IEA expected great growth in renewable energy markets by 2017, while the photovoltaics industry is expected to scale up the fastest and is forecasted to reach about 230 GW in 2017, compared to just 11 GW of concentrating solar power (CSP) capacity now. Solar power will contribute with about 5% to renewable energy generation in 2017.
read more... 12/07/2012
Daily: Brent dragged down by uncertainty over Fed’s stimulus
Brent crude traded above $100 per barrel on Thursday, after a hike of more than 2 percent in the last session, dragged down by the uncertainty if U.S. Federal Reserve would launch more stimulus measures, move that diminished investors' appetite for riskier assets.
read more... 12/07/2012