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German coal-fired power plant projects
Following are details of the status of coal-fired power plant projects in Germany, a sector targeted by campaigners against climate-harming carbon emissions. The rapid expansion of green energy has also curbed progress for new fossil fuels-based plants, although they were expected to play a bigger role in the energy mix after Germany decided on a quicker-than-planned withdrawal from nuclear power. Coal is still Germany's most important generation fuel.
read more... 20/06/2013
Portugal’s power production from renewables at 70%
Redes Energeticas Nacionais, the operator of the country’s energy grid has recently announced that Portugal has reached a major landmark, about 70% of the country’s energy was supplied through renewable sources in the first quarter of 2013, which proves that Portugal has serious intentions to abandon fossil fuels.
read more... 22/05/2013
Daily: European spot power prices up on colder weather
Crude oil prices dropped on Tuesday dragged down by a significant decline in U.S. gasoline futures and as an industry report released by API indicated stronger fuel stockpiles in the world’s largest oil consumer. Brent crude oil futures for July delivery closed 89 cents lower at $103.91 per barrel, after having fluctuated above $105 and to a low of $103.51. U.S. June crude oil futures, which expired on Tuesday, ended the session 55 cents lower at $95.16 a barrel after trading between $95.50 and $96.97, while July contract ended 75 cents lower at $96.18 a barrel.
read more... 22/05/2013
Brief history about the Italian V Conto Energia
The first Italian National Energy Program dates 1975 when, immediately after the first oil crisis, the Parliament noticed the problem of the increasing fossil fuels prices. The objective was to design a new national energy system fossil fuel free, the only solution was to build new nuclear power reactors, but a referendum where about 70% of the Italians decided to vote against nuclear, stopped the construction of all the nuclear plants all over Italy.
read more... 15/05/2013
Daily: European power close to recent lows on weak fuel prices
Brent crude dropped to about $103 a barrel on Monday as the dollar remained firm, with renewed worries of a decline in demand growth from the United States, move which further weighed on sentiment. Meanwhile, Brent crude eased 77 cents to $103.14 a barrel by 01:43 GMT, after having settled down 56 cents on Friday and closed the week lower after gains in the previous two. U.S. oil declined 85 cents to $95.19, dropping the fourth time out of the past five sessions.
read more... 14/05/2013