Latest news
UK menaced by blackouts of power within 2 years
According to the energy watchdog Ofgem the risk of power blackouts in UK has doubled in the last year, as the country is facing an energy crunch which will cause an increase of the energy bills. The supply crisis is the result of Britain forcing old coal and oil plants to shut down supporting projects of new green wind farms and nuclear plants.
read more... 01/07/2013
Renewable energy to exceed nuclear and gas in the next year to come
The IEA has released its second annual Medium-Term Energy Market Report, according to which renewable sources will exceed natural gas as a power source and will be twice the contribution from nuclear energy globally by 2016, being second only to coal.
read more... 27/06/2013
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
IEA: Coal demand will continue to grow in the next years to come
According to a new report recently released by the International Energy Agency (IEA) coal could become the world's top energy source by 2017 along with oil. The IEA expects an increase in coal demand all over the world except the US, where natural gas is replacing the black mineral as feedstock for the production of electricity.
read more... 14/06/2013
Daily: German year-ahead power prices at 8-year low as coal, oil market decline
Brent crude rose towards $105 per barrel on Monday after United States showed optimistic hiring figures, but not enough to incite fears about near-term tampering of the Federal Reserve’s massive stimulus. Meanwhile, Brent oil climbed 6 cents to $104.62 a barrel by 05:07 GMT, after hitting $104.76 earlier. U.S. oil rose 9 cents to $96.12 per barrel.
read more... 11/06/2013