Latest news
Daily: European coal continued to skyrocket on record imports in Germany
Brent crude oil futures declined by more than $1 on Thursday as traders expected a jump in Libyan oil supply and expectations increase that the U.S Federal Reserve would soon start to unroll its stimulus program, which has backed commodity prices.
read more... 13/12/2013
UK’s biggest biomass plant has opened
Britain’s largest coal-fired power station has begun its conversion to become Britain’s largest renewable electricity producer as well as one of Europe’s largest renewable electricity generators. The project will see the coal station turn to wood pellets for fuel rather than coal, a move which aims to slash carbon emissions by more than 80%. One of the generating units has been converted to biomass while the other two will be using biomass by 2016.
read more... 10/12/2013
UK expands lifetime of old and inefficient coal power stations
Almost exactly a month after the House of Lords voted in favor of it, the UK Government voted against the modification to the Energy Bill which would have to put limits on coal burning in the UK, sparing the energy market from an even tighter squeeze as aged nuclear plants shut later this decade. Britain's power market is already tight as ageing capacity is being retired and a modest amount of new generation is being built. Members of Parliament voted 318 to 236 against including the amendment in the bill.
read more... 06/12/2013
Daily: European coal prices register few changes amid thin trading
Brent crude rose towards $113 a barrel on Wednesday, while the U.S. benchmark jumped more than $1 to a five-week high after news of the scheduled start of a vital pipeline helping to ease a supply blockage at the country's main oil storage hub.
read more... 05/12/2013
Europe: Renewables share in power generation set to increase by 40% in 2020
The renewables’ contribution in Europe’s generation capacity is expected to increase to at least 40% by 2020, overtaking the capacity supplied by coal, natural gas and oil, declared the region’s grid operators group Entsoe.
read more... 29/11/2013