Latest news
Construction of new coal-fired power plants fell worldwide in 2016
The amount of new coal power plants tumbled dramatically last year due to policy shifts in China and India and subsequent declining investment prospects.
read more... 22/03/2017
UK is likely to leave the EU carbon market following Brexit
UK is likely to quit the Europe’s carbon market following the Brexit, as stated by European Parliament's lead-carbon policymaker on Thursday.
read more... 10/02/2017
The victory of Trump boosts coal, hits renewable stocks
The prospect of a sudden change in U.S. climate policy under President-elect Donald Trump increased the shares of U.S. mining equipment giant Caterpillar Inc, North American railroads and other firms linked to fossil fuels, and hit shares of renewable energy companies.
read more... 10/11/2016
Daily: Crude oil soars after OPEC deal to slash oil production in November
Crude oil ended up 6 percent on Wednesday after OPEC reached an agreement to curb crude output at its policy meeting in November. Brent crude rose by $2.72, or 5.9 percent, to settle at $48.69 a barrel, attaining a more than two-week high of $48.96. WTI crude boosted $2.38, or 5.3 percent, to close at $47.05 a barrel.
read more... 29/09/2016
Daily: German power prices rose on lower wind and solar production
On Thursday oil prices were up 1 percent on U.S.-Iran military tensions in the Gulf and rumors that the dollar will drop according to a monetary policy speech made by the head of U.S. Federal Reserve. Brent crude futures increased by 62 cents, or 1.3 percent, at $49.67 a barrel. U.S. West Texas Intermediate (WTI) futures augmented by 56 cents, or by 1.2 percent, arriving at $47.33.
read more... 26/08/2016