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Daily energy Overview, Monday, May, 23, 2011
Crude oil futures ended higher on Friday after a very volatile session. U.S. crude for June delivery expired and traded at 99.49 dollars a barrel, up 1.05 dollars, after a trading range from 95.99 to 99.89 dollars, while ICE Brent crude for July delivery traded at 112.39 dollars a barrel, up 97 cents.
read more... 23/05/2011
Italy on the third place in the European PV market
According to a released report this spring by EPIA, European solar power capacity exceeded wind power this year with new PV installations totaled 12.5 GW (21% of total new power generating capacity in Europe).
read more... 23/05/2011
The president of Tokyo Electric Power Co resigns in the middle of nuclear crisis
The head of Tokyo Electric Power Co. (TEPCO) announced on Friday that he will step down, following a huge financial loss, after the Fukishima nuclear plant disaster, damaged by the March tsunami in northeastern Japan.
read more... 23/05/2011
The DANISH ENERGY STRATEGY 2050 is unveiled
The Danish government has disclosed its “Energy Strategy 2050” which is aimed to achieve the country’s independence from coal, oil and gas by 2050 and significantly reduce its greenhouse gas emissions.
read more... 23/05/2011
Daily energy Overview, Thursday, May 20, 2011
Oil increased on Friday driven more by a weaker dollar and firmer stock markets in Europe and Asia than by supply and demand fundamentals. Oil prices consolidated this week after both crudes lost between $15 and $20 in the prior two weeks. By 10:00 GMT, U.S. light crude oil futures for June, which will expire later on Friday, traded at $99.08 per barrel, up 64 cents, after hitting an intra-day high of $99.60. Meanwhile, Brent crude for July traded at $111.87, up 45 cents.
read more... 20/05/2011