The Scottish government has given the green light for the development of the four offshore wind power plants, which could generate enough electricity to supply over 1.4 million of households.
read more... 21/10/2014
Crude oil prices posted a modest gain on Friday, recovering from near four-year lows as investors bought back into a an oversold market and as conflicts in Iraq intensified political risk. Brent for December delivery increased by 34 cents to close at $86.16 a barrel. Brent contract for November delivery expired on Thursday. U.S. November crude, boosted 5 cents to settle at $82.75, registering its consecutive third weekly decline.
read more... 20/10/2014
A surcharge incorporated since 2000 on German household electricity bills to aid support green energy will be cut for the first time, as stated by network companies on Wednesday.
read more... 16/10/2014
Brent crude prices recorded their largest drop in more than three years on Tuesday as fears about slowing world economy and the spread of Ebola has created anxiety between investors. Brent futures traded down 4 percent to settle at $85.32 a barrel, having hit a low of $84.48. U.S. crude declined 4.2 percent to close at $82.12.
read more... 15/10/2014
Serbia's grid operator EMS intends to invest 400 million euros ($507.5 million) over the next six years to improve its old electricity network and construct new connections to nations in the European Union, an EMS representative declared on Monday.
read more... 14/10/2014