IEA expected great growth in renewable energy markets by 2017, while the photovoltaics industry is expected to scale up the fastest and is forecasted to reach about 230 GW in 2017, compared to just 11 GW of concentrating solar power (CSP) capacity now. Solar power will contribute with about 5% to renewable energy generation in 2017.
read more... 12/07/2012
Government policy to promote a new generation of nuclear power plants could boost the UK economy by more than £ 5 billion and add more than 32,000 jobs, as well as creating new export markets if the country continues the development of nuclear, according a report commissioned by EDF Energy.
read more... 10/07/2012
According to a new report released by the International Energy Association (IEA), solar, wind, hydropower and other renewable sources will boost to more than 40%, to about 6,400 TWh, and the emerging markets will become the main driver of the increase in renewable power capacity over the next five years.
read more... 09/07/2012
Russia’s state atomic nuclear energy conglomerate Rosatom is interested in entering the UK nuclear power market and has expressed the desire to obtain a licence to build power stations in North Wales and Gloucestershire in UK.
read more... 06/07/2012
In order to deal with peak electricity demand in the summer, China launched its first spot market for natural gas on the Shanghai Petroleum Exchange on July 2nd, move which will gradually improve the natural gas mechanism in long term through a fair and reasonable competition.
read more... 04/07/2012