Latest news
UK: Twenty gas-fired stations to be build by 2030
UK is planning to build twenty new gas-fired power stations which will add 20GW of generating capacity to the national grid by 2030 amid a considerable increase in consumption of the fossil fuels, according to the climate and energy secretary, Ed Davey.
read more... 28/09/2012
Greece reveals new projects to improve gas infrastructure
The Greek National Natural Gas System Operator (DESFA) announced a new 1.7 billion Euros investment plan which aims to increase domestic and industrial usage of natural. The objective is to augment the use of gas to 100% within the next 10 years, reducing oil consumption and lignite production. For this reason DESFA has launched many new projects.
read more... 25/09/2012
Daily: Nordic power prices to fall in weekend on reduced consumption
Brent crude increased towards $111 on Friday, extending gains from a 1-1/2 month low reached in the previous session as Libya, Africa's third biggest producer and OPEC member has increased its oil production after last year’s revolution and on lower North Sea production which fed supply fears.
read more... 21/09/2012
EU’s carbon emissions drop 2.5% in 2011
According to European Environment Agency EEA, in 2011 European greenhouse gas emissions fell 2.5%, despite higher coal consumption. Renewable energy consumption continued to augment in 2011, which contributed to the given decline in emissions, but it was mostly due to a milder winter in the most parts of the EU which resulted in lower heating demand from households and reduced natural gas consumption.
read more... 07/09/2012
Daily: Nordic power prices down on higher nuclear power output
Nordic spot electricity prices decreased on Friday, on prospects of lower consumption and higher nuclear power output. The prices for the day-ahead for Friday delivery eased to 31.4 euro per MWh from 32.9 euro on Thursday. Nordic forward power prices bounced on Thursday on good weather forecasts in a hydro-dependent region.
read more... 30/08/2012