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EU ministers have reached compromise on 2021 energy saving targets

The EU promised to take the lead on climate after US President Donald Trump withdrew the country from the Paris Agreement. EU ministers took the first step on Monday, reaching mutual understanding towards implementing the Paris Agreement on lowering carbon emissions and limiting the effects of the global warming.

read more... 28/06/2017

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Wind industry - a new generation of colossal 300m turbines

Wind farm operators are seeking for a new generation of colossal wind turbines, taller than many skyscrapers, as they want to remain profitable after EU cancels subsidies, that have ruled the green industry since the 1990s. The main countries of the EU offshore wind industry - Denmark, Germany, the Netherlands, and UK - are looking to gradually reduce contributions over the next decade. Subsidies still account for almost 50% of EU wind projects' income.

read more... 28/06/2017

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Daily (26.06.2017): European day-ahead electricity prices declined by 25% on Friday

Oil traded higher on Friday, due to falling crude inventories in the U.S., as a fundamental factor that supported prices.

read more... 26/06/2017

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Danish state aid for coal to biomass plant approved by EU

The European Commission has consented Danish state aid estimated at DKK57 million (£6.74m) to transform a cogeneration plant from coal to biomass.

read more... 22/06/2017

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EU reinforces ties with climate deal members after U.S. decision to withdraw

The EU declared on Monday it promised to cooperate with China, the world's biggest polluter, to achieve the target of limiting global warming to well below 2 degrees Celsius above pre-industrial levels, following the Trump’s decision to withdraw from the Paris climate agreement.

read more... 20/06/2017

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