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Higher prices for energy bills in UK on Japanese and Libyan crisis
Following a sharp increase in the wholesale price of gas, supported by the Japanese disaster and political unrest in North Africa, the British households and businesses will be hit by a rise of their bills for gas and electricity.
read more... 18/03/2011
Daily Energy Overview, Thursday, March, 17, 2011
U.S. crude oil futures traded up on Wednesday supported by the turmoil in the Middle East before rising worries over the nuclear crisis in Japan pared crude’s gains. On the NYMEX market, the U.S. crude for April delivery increased by 80 cents being traded at 97.98 dollars a barrel, after trading in a range between 96.22 and 99.60 dollars.
read more... 17/03/2011
Enel plans to invest in Russian assets by 2015
According to Enel declarations, the Italian group is ready to invest a considerable amount, of 1 billion euros ($1.4 billion), in Russian assets during 2011-2015. This investment envisages enhancing the quality of production capacities.
read more... 17/03/2011
New legislation is necessary to have a fully decarbonized power sector by 2050
According to a recently released report by the European Commission called “Roadmap to a low carbon society”, there is a need for a new renewable legislation in order to achieve a reduction by 80-95 percent of carbon emissions by 2050.
read more... 17/03/2011
World officials pledge to help Japanese nation
Describing the nuclear reactor crisis in Japan as “very serious”, the head of the UN agency that coordinates global nuclear safety declared that it is preparing to depart to Tokyo to offer further assistance.
read more... 17/03/2011