A study released by World Resources Institute (WRI) shows that more than 1,000 coal-fired power plants are planned to be built worldwide, despite numerous warnings from politicians, scientists and campaigners that carbon emissions could reach unprecedented heights within a few years.
read more... 20/11/2012
Centrica intends to concentrate investments in the U.S., if it decides to withdraw from new nuclear power stations in the UK. It considers the prospect of higher profit margins and huge opportunities in the shale gas boom. According to senior company sources, only a remarkable change in Government policy on subsidising nuclear power would create a business case for investment.
read more... 19/11/2012
Brent and U.S crude futures rose on Friday, backed by the intensification of conflict between Israel and Palestinian militants who stimulated concerns about supply in the Middle East and by a fire on an energy platform in the Gulf of Mexico.
read more... 19/11/2012
Energy and Coal Industry Minister of Ukraine, Yuriy Boyko announced on Friday that Ukraine will start to import natural gas from Germany from January 1, 2013. Germany's RWE would sell Ukraine gas and it would be shipped via pipelines through Hungary.
read more... 19/11/2012
Germany is on the way to install 111GW of renewable energy capacity by 2017, a 38% increase over forecasted 2013 levels, according to the latest report by the four transmission system operators.
read more... 19/11/2012