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UN: greenhouse gases hit record levels
According to the U.N. weather agency, in 2010, the concentration of the three main greenhouse gases in the atmosphere responsible for global warming hit unprecedented high levels and the tendency is likely to continue for the next decades despite global efforts to reduce greenhouse gas emissions.
read more... 22/11/2011
Global PV market to reach 130 billion dollars by 2015
According to a new market research study “Global Photovoltaic Market &Insights into Chinese and Japanese Photovoltaic Markets (2010-2015)” released by MarketsandMarkets, the market for PV is likely to increase considerably, with an annual growth rate of 18.5 % from 2010 to 2015 expected to reach 130 billion dollars by 2015.
read more... 22/11/2011
Daily – oil down for the fourth consecutive day
NYMEX and Brent crude oil futures continued to go down for the fourth day in line on Monday on fears that rising debt problems across Europe and the United States would put in danger global economic growth and oil demand.
read more... 22/11/2011
German exit from nuclear to drive Swedish power prices up
Germany’s early phase-out from nuclear power in response to the Fukushima nuclear crisis could lift Swedish power prices. Higher prices in the German wholesale electricity market caused by a shift to fossil fuel-fired power generation could lift Swedish electricity prices in case of dry weather conditions depleting Swedish hydroelectric stocks and ending up in power imports from Germany.
read more... 22/11/2011
Centrica to buy Norway gas fields for 1.6 billion dollars
Centrica Plc agreed to purchase from Statoil ASA Norway’s largest oil and Natural Gas Company assets in Norway gas fields for 1.6 billion dollars. The act of transaction implies sale of Statoil stakes in the Kvitebjorn, Heimdal, Valemon, Skrine-Byggve, Fulla, Frigg-Gamma- Delta, Vale and Rind fields.
read more... 21/11/2011