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Renewable energy beats nuclear as Scotland’s main power source

Renewable energy in Scotland from wind farms, hydro power plants and other green sources has exceeded nuclear, becoming the top source of electricity in the nation in the first months of 2014, according to figures from the Department of Energy and Climate Change (DECC).

read more... 01/12/2014

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Italy: final agreement to vend grid asset stakes to China

Italy has closed a final agreement to vend minority stakes in power grid company Terna and gas network operator Snam to a Chinese state-owned electricity group and Italian investors for 2.4 billion euros ($3 billion).

read more... 28/11/2014

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Daily: British forward natural gas prices tumble as oil baffle pulls down commodities

Brent crude dropped to a four-year low under $76.30 a barrel on Thursday as it became more and more improbably that OPEC would curb oil production to increase prices during a meeting in Austria. Benchmark Brent futures declined by more than $1 to settle at $76.28 a barrel, the weakest level since September 2010. U.S. crude tumbled more than $1 to hit a session low of $72.61.

read more... 28/11/2014

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France: elimination of credits for coal projects in emerging countries

France will stop export credits for energy projects in emergent countries which involve coal, the most polluting fossil fuel, as stated by President Francois Hollande on Thursday.

read more... 28/11/2014

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Bosnia: EPBIH vends 2015 electricity surplus for $87 million

Bosnia's major electricity utility EPBiH has chosen five companies to purchase 1,600 gigawatt-hours (GWh) of its 2015 power excess for approximately 70 million euros ($87 million), as stated by an official of EPBiH on Thursday.

read more... 28/11/2014

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