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Npower fined with £2m

Npower, which is the second biggest energy company in the UK, has recently been fined by £2m by the regulator Ofgem for its failure to address consumer complaints.

read more... 01/11/2011

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U.S. added 1204 MW of wind power in the third quarter of 2011

According to recently released data by AWEA, American wind industry proceeded high accomplishments with 1204 MW of new installed wind power in the third quarter of 2011. Comparing to the quarterly result since 2008, an increase of 79% was settled over the same quarter of 2010 (671MW).

read more... 01/11/2011

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Daily – oil down on stronger dollar

Crude oil futures traded lower on Monday as dollar strengthened after Japan intervened to curb the yen's appreciation and investors trimmed holdings of risky assets. NYMEX crude for December delivery traded at 93.13 dollars a barrel, down 13 cents after a trading range from 91.36 and 93.80 dollars, while ICE Brent crude for December delivery valued 109.56 dollars a barrel, down 35 cents after having traded from 108.20 to 110.33 dollars.

read more... 01/11/2011

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EU: new legislation on offshore oil and gas drilling

The European Union issued a new legislation on offshore oil and gas drilling to guard itself against a repeat of BP's Deepwater Horizon oil spill. It marks the first time the EU has proposed a bloc-wide legislation on offshore oil and gas, although it complements an existing directive on environmental liability under which the polluter pays.

read more... 01/11/2011

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South Africa launched 2010-2030 Renewable Energy Plan

South Africa launched Renewable Energy Plan 2010-2030 which aims to boost the development of the renewable energy industry and add 17,800 MW of green energy by 2030.

read more... 31/10/2011

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