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Daily: UK gas prices drop on milder weather
U.S. crude oil prices settled at the lowest level in more than three months on Thursday as inventories in the Cushing, Oklahoma, started to reverse a months-long drop, and as signs of progress in negotiations over Iran's nuclear program also added pressure on prices. Meanwhile, front-month December Brent crude settled $1.48 lower at $109.11 per barrel and U.S. oil closed $1.62 per barrel lower at $100.67, the lowest settlement price since July 2.
read more... 18/10/2013
The Visegrad four leaders call on EU to support nuclear energy
At a press conference held on Monday, the V4 countries announced that they support nuclear energy use and expect the European Union to support Central Europe to enhance its nuclear energy capacity.
read more... 17/10/2013
Daily: Brent drops below $111 on Iran’s nuclear proposals at Geneva
Brent crude decreased below $111 per barrel on Tuesday after Iran’s proposal over its nuclear programme at talks in Geneva, while the possibility of a U.S. debt deal in Washington added some support. Brent dropped 54 cents at $110.50 a barrel at 09:56 GMT, after settling down in the two previous sessions, while U.S. oil was down 58 cents at $101.83 a barrel, after closing 39 cents higher.
read more... 16/10/2013
Czech Republic: Nuclear power seems to be “crucial” in its new energy strategy
While many European countries decided to give up nuclear power, the Czech Republic wants to increase the share of nuclear power in its energy mix.
read more... 16/10/2013
The real cost of renewables versus nuclear and fossil energy
Last Friday, 10 CEO’s of large nuclear and fossil energy producers held a press conference in Brussels, asking European governments to stop subsidising renewable energy. Remarkably, Gerard Mestrallet CEO for GDF-Suez, was one of them. Strange, because in Belgium GDF-Suez is the largest beneficiary of renewable energy subsidies. Zero Emission Solutions, a study and consultancy agency for renewable energy, draws the attention to these CEO’s that today – at least in Belgium - nuclear and fossil energy production benefits from more governmental aid than renewable energy:
read more... 15/10/2013