Latest news
Fall in British offshore wind energy costs over the next decade
A recently released report by Britain’s largest wind and marine energy trade association shows a drop in prices for electricity generated from offshore wind power utilities. The whole-life cost of wind energy in UK is expected to be driven down by more than 15% between 2011 and 2022, while under auspicious conditions, the decrease in costs would reach as much as 33%.
read more... 01/07/2011
Daily energy Overview, Friday, July 01, 2011
U.S. crude futures increased on Thursday, but closed the month down 7 percent and the quarter down by more than 10 percent registering the lowest level of the quarter since the fourth quarter of 2008. U.S. crude for August delivery rose for a third day and traded at 95.42 dollars a barrel, lifting 65 cents after a trading range from 93.88 to 95.82 dollars.
read more... 01/07/2011
Rapid fall in PV module prices will drive strong demand
A rapid fall in PV modules prices will be a primordial factor in demand recovery in the second half of the year; this is after a sharp drop in early 2011 because of new amendments in the incentivable systems across Europe. However, a fast growth in the first half of the 2011 placed the market in a good environment as to appoint a strong demand recovery in the second half of the year.
read more... 30/06/2011
Daily energy Overview, Thursday, June 30, 2011
U.S. and Brent crude oil futures increased on Wednesday, on data indicating a sharp weekly drop in crude stockpiles and as the dollar index stayed weak following the approval of an austerity plan by the Greek parliament. U.S. crude for August delivery settled at 94.77 dollars a barrel, up 1.88 dollars, after a trading range between 92.66 and 95.84 dollars. ICE Brent crude for August delivery increased to 112.40 dollars a barrel, after trading from 108.78 to 112.40 dollars.
read more... 30/06/2011
Three partners to invest €1 billion in Dunkirk LNG Terminal
The French energy giant EDF has announced that, alongside two partners-the French major Total and Fluxys of Belgium it has decided to invest in a €1billion ($1.44billion) project to develop a new liquefied natural gas (LNG) terminal in northern France, at Dunkirk.
read more... 30/06/2011