Latest news
China: energy consumption increased 3.9% last year
According to a recent report released by the National Bureaus of Statistics the country used the equivalent of 3.62 billion tones of coal, corresponding to about 66,4% of the total energy consumed, at the same time as oil and natural gas made up something like 18.9% and 5.5%, respectively.
read more... 25/02/2013
UK energy bills set to rise
According to Ofgem Chief Executive Officer Alistair Buchanan, UK household energy bills are probable to increase significantly in the coming years, with the share of generating capacity from gas doubling as old oil and coal stations close.
read more... 20/02/2013
Global PV capacity surpassed 100 GW in 2012
According to preliminary data collected by the European Photovoltaic Industry Association (EPIA), global installed PV capacity reached 100GW in 2012 for the first time, up from 71GW in 2011 and 40GW in 2010. The world’s solar capacity can now produce as much electricity in a year as 16 coal power plants or nuclear reactors of 1 GW each.
read more... 13/02/2013
European coal demand is set to fall by 2015
Europe's demand for imported coal may fall sharply as tougher environmental laws force power stations to close, with only eastern European countries likely to keep their plants running longer.
read more... 12/02/2013
Daily: Coal prices increase on Colombian miners’ strike
Brent crude oil futures increased on Friday, hitting a nine-month high during session on optimistic Chinese economic and oil import data, registering a 1.8 percent gain for the week. Meanwhile, Brent March crude boosted $1.66, or 1.42 percent, to settle at $118.90 a barrel, having traded from $117.31 to $119.17.
read more... 11/02/2013