Latest news
Iberdrola to sell a stake in UK power grid to reduce its debt and finance further investments
Spanish power company Iberdrola, which owns the Scottish Power, is envisaging the sale of a minor stake in its UK power grid, valued at 4.5 billion pounds ($7.3 billion), as a strategy to reduce its debt and to fund the upgrade of Scottish electricity transmission grid.
read more... 28/09/2012
Daily: Brent up to $94, but at the deepest quarterly loss since 2008
Brent rallied alongside other commodities on Friday, up 2$ after European leaders found a strategy to tackle increasing borrowing costs in Italy and Spain, but settled at the deepest quarterly loss since 2008.
read more... 29/06/2012
Carbon: analysts slash price forecasts; EU steps back from strategy talks
Analysts forecast European Union carbon permit prices in the second half of 2012 at 7.37 euros per tonne of emissions, lowering their forecast by 10% from a month earlier on concerns over Europe's debt crisis and market oversupply. Meanwhile, EU environment ministers will not try to agree a long term emission strategy at a June 11 summit after Germany withdrew its request for the issue to be discussed.
read more... 12/06/2012
UK to generate 11% of its energy from biomass by 2020
The recently released strategy by the National Centre for Bio-renewable Energy Fuels and Materials indicates that biomass sector could deliver up to 11% of the UK’s primary energy demand and create 50,000 jobs by 2020.
read more... 03/05/2012
UK proposes new Heat Strategy
British Government revealed its plans aimed at reducing carbon emissions from heating homes, businesses and industries in the United Kingdom. It denotes long-term challenges and opportunities towards to national decarburization.
read more... 30/03/2012