Latest news
Britain’s hopes of a green future in electricity supply vanished
An attempt to include a goal to decarbonise the electricity production in the UK by 2030 was narrowly defeated in the House of Commons on Tuesday, to the dismay of green activists and businesses that had supported the objective as a way to stimulate investments in renewables and low carbon energy.
read more... 06/06/2013
OPEC to keep oil production target unchanged, with oil at $100
The Organization of the Petroleum Exporting Countries (OPEC), which supplies about 40 percent of the world’s oil, decided to keep its production target unchanged for a third consecutive time, stating that crude prices at about $100 a barrel are relatively strong.
read more... 04/06/2013
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... 30/05/2013
IEA: an increase of US shale gas prices could provoke a return to coal
According to a report from the U.S. Energy Information Administration (EIA), the production of energy from coal is little by little regaining market share from natural gas-fired power generation. After years of cutting back on its consumption in favor of low-emitting gas, the world's largest economy to increase its use of coal, because of a probable increase of shale gas prices.
read more... 30/05/2013
Poland will not apply taxes on shale gas production by 2020
After several foreign companies, as Exxon Mobil, Canada’s Talisman Energy and US oil firm Marathon, quit the Polish market in the past few months, the finance minister, Jacek Rostowski, has announced that Poland will not tax shale gas production until 2020 and will improve regulation, in a move which aims to attract energy explorers.
read more... 23/05/2013