Latest news
Germany set to increase green energy levy by 8% in 2017
The green energy levy in Germany (EEG), a surcharge paid by power consumers to support the transition to renewables, is expected to rise by 8 percent in 2017, despite governments efforts to slash support for renewable power.
read more... 11/10/2016
Argentina predicts $1.8 billion investment from green energy auction
Argentina predicts investment of $1.8 billion from 17 green energy projects awarded in an auction to generate 1,109 megawatts of electricity, as stated by the government on Friday, since it tries to reduce dependence on imported power.
read more... 10/10/2016
General Motors targets 100% green power by 2050
General Motors (GM) targets to run all of its operations on 100% clean energy by 2050.
read more... 22/09/2016
Daily: Crude oil ends down hit by oversupply fear, gasoline rally
Crude oil prices lost up to 2% on Friday to hit multi-week lows after Iran, the third-biggest OPEC producer, raised crude exports to over 2 million barrels per day (bpd) in August, intensifying fears about a global glut, while gasoline increased on refinery and pipeline outages. Bearish U.S. equity markets and rising dollar also had an impact on crude futures and other commodities denominated in the greenback. Brent crude futures declined 82 cents, or 1.8%, to settle at $45.77 a barrel, reaching a two-week low of $45.48. U.S. West Texas Intermediate crude futures fell 88 cents, or 2%, to close at $43.03 a barrel. WTI hit a five-week bottom of $42.74. For the week, Brent lost 5%, while WTI lost 6%.
read more... 19/09/2016
UK’s government approves the construction of new Hinkley Point C nuclear power plant
The United Kingdom gave the green light for the construction of the controversial Hinkley Point C nuclear power plant in Somerset, after its delaying has frustrated investors in China and France.
read more... 16/09/2016