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Germany will stop coal-fired power production "well before 2050"
Coal-fired power production in Germany should come to an end "well before 2050", as indicated by a draft environment ministry document seen by Reuters on Tuesday on how Europe's largest economy can attain its climate objectives.
read more... 04/05/2016
Daily: Oil losses 3 percent on OPEC production rally, record speculative buying in Brent
Crude oil prices declined about 3 percent on Monday as the output from the Organization of the Petroleum Exporting Countries approached all-time highs and record speculative buying in international benchmark Brent triggered profit-taking on last month's considerable hike. Brent crude for July delivery lost $1.54, or 3.3 percent, to settle at $45.83 per barrel, touching a session low at $45.72. WTI fell $1.14 cents, or 2.5 percent, to close at $44.78 a barrel, after attaining an intraday low at $44.54.
read more... 03/05/2016
Finland builds country’s largest PV plant by leasing the arrays panels to customers
Finland’s largest solar power plant so far, located in Kivikko, Helsinki, which became operational in mid-April, increased the country’s solar power production by 10 percent.
read more... 03/05/2016
Hydropower drives Vattenfall, Statkraft profits, Fortum hit by reduced prices
Sweden's Vattenfall and Norway's Statkraft registered higher first-quarter earnings on Thursday, sustained by higher hydropower production, while fossil-fuel reliant Finnish Fortum's profit dropped.
read more... 29/04/2016
Britain: National Grid will pay companies to use electricity this summer
A dozen British firms will be paid to use power under a scheme National Grid will start next month intended at balancing the system in summer, when production is high from green energy sources such as wind and solar.
read more... 22/04/2016