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Renewable heat incentive postponed by UK government

A new renewable heat incentive scheme, RHI, was postponed by the British government last Friday because of a failure of the Department for Energy and Climate Change to obtain a clearance from the European Commission as it consider the 2.6 p/kWh tariff payment for large-scale biomass too high.

read more... 05/10/2011

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Daily – power down on euro debt crisis

Crude oil futures were mixed on Tuesday on released industry data about a 3.1 million barrel fall in crude stocks previous week and on worries over the euro zone crisis and Greek debt.

read more... 05/10/2011

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Anti-nuclear protest at Hinckley Point in UK

A set of blockades at Hinkley Point nuclear power station in UK took place on October 1st, as campaigners stepped up a protest against the replacement of two nuclear reactors.

read more... 04/10/2011

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First Solar receive 455.7 million dollars guarantee

U.S. Export-Import Bank approved the largest guarantee for the biggest American producer of thin-film solar modules, First Solar Inc., worth 455.7 million dollars for 18 years refund period. The loan will be used for the construction of two power projects in Canada.

read more... 04/10/2011

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Daily – oil at lowest level on Greek debt shake

U.S. and Brent crude oil futures dropped to the lowest level in last 12 months and 7 – ½ months, respectively on Monday on worries that Greek economy might collapse on its debt outweighing positive trend of the U.S. economic data.

read more... 04/10/2011

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