Latest news
Turkey to focus on coal and nuclear instead of cleaner power generation
While many European countries are moving towards a cleaner power generation, Turkey decided to turn to the traditional power generation methods, implying coal and nuclear.
read more... 09/02/2012
Russia reveals an ambitious coal-mining industry development program
Russia has recently revealed its plan to soar its annual coal production by 30% to 430 million tons by 2030, in order to meet the increasing domestic and international demand.
read more... 26/01/2012
2011 in European power, gas, coal and carbon prices
European power, gas and coal prices ended 2011 close to where they began, despite steep rises and falls during the middle quarters of the year, while the carbon market crashed in a crisis of confidence beginning in summer. Starting the year at 100 points, benchmark European power and gas prices saw the closest correlation and converged again in the last few months of 2011 to end up just below 100 points. Coal saw the smallest movements, ranging between 90 and 105 points throughout the year, while carbon prices saw by far the highest volatility, first rising to above all other products to 125 points, before crashing to a low of under 50 points. By comparison, benchmark Brent crude oil was on track to post a 13% gain for 2011.
read more... 03/01/2012
China eyes natural gas generation to cut down air pollution
China is focusing now on a higher natural gas –fired generation capacity as an alternative to polluting coal for power generation and as its electricity demand is growing sharply, according to Bloomberg.
read more... 23/12/2011
Germany: Green energy slowly surpassing coal, gas and nuclear
Renewable energy became the second most important energy resource in Germany, ranking just behind the lignite and even surpassing nuclear, hard coal and natural gas. The renewable energy now represents about 20% of Germany’s energy mix, an industry group reported last week.
read more... 22/12/2011