Latest news
Sweden prefers renewables to nuclear
Recently Sweden's energy minister, Anna-Karin Hatt, has announced that the government will not subsidize new nuclear power plants, favoring renewable investments. Electricity production in Sweden is dominated by nuclear power and renewables, which currently make about equal contributions to energy production- about 40%.
read more... 07/08/2013
UK: renewable production up 19% last year
According to figures published by the UK Department of Energy and Climate Change, electricity produced from renewable energy sources increased 19% last year in comparison to 2011 levels, representing about 11% of all electricity generated in UK, in comparison to a year before when it accounted 9.4%. Meanwhile, consumption of fossil fuels decreased if compared to 2011 levels.
read more... 06/08/2013
Daily: European spot power prices boost on lower renewables and falling temperatures
Crude oil futures declined on Friday on disappointing U.S. jobs data which alleviated economic optimism, pushing Brent crude to its highest level in four months and encouraging some investors to take profits.
read more... 05/08/2013
Enel Green Power profits up by over 20% in the first semester
Italy's biggest renewable energy company Enel Green Power (EGP), controlled by Italian utility Enel, has announced yesterday that in the first six month of 2013 its earnings increased by 21.7% to 269 million euros in comparison to 221 million euros in the same period of 2012.
read more... 01/08/2013
UK electricity production increased 20% in 2012
In 2012, electricity generated from renewables represented 11.3%, increasing in comparison to 9.4% in 2011. Generally, renewable electricity generation increased 20%, to 41.1 TWh in 2012 from 34.4 TWh in 2011, while capacity increased 26% to 15.5 GW.
read more... 29/07/2013