Latest news
Daily: European power down on a major wind power generation
Brent crude oil chopped down because of unbalanced trade on Friday, ahead of a long weekend in the United States. Brent crude for October decreased $1.12 to $114.04 per barrel by 18:16 GMT after previously reaching a low of $113.63 prior to Kerry's speech. U.S. crude for October delivery fell $1.22 to $107.58 after hitting a low of $106.75.
read more... 02/09/2013
Vattenfall submitted plans for a new wind farm in Scotland
Swedish energy company Vattenfall has presented plans for the construction of a new wind farm on the south west of Scotland. The South Kyle Wind Farm would have about 50 turbines and a capacity of more than 170 MW, which should be enough to meet the annual electricity power demand of more than 90,000 households. It is expected that it will cost more than £190 million to build the wind farm.
read more... 29/08/2013
UK: Electricity prices to double in the next years to come
UK electricity prices could almost twice in the next three years because of the impact of a new tax intended at supporting renewable power production. The report showed that wholesale prices could increase in comparison to those in Germany by 85% in 2016-17 and would maintain the trend in general for the next 7- 10 years.
read more... 29/08/2013
Germany could lose its title of global leader in the PV market
Currently the German Federal Association of Electricity and Water (BDEW)has announced that Germany has set a new record with German solar PV plants producing more than 5.1 TWh last month, representing an increase of about 19% in comparison to the 4.3 TWh registered a year before. Germany’s new solar power record was the result of sunny weather and improved solar power capacity.
read more... 28/08/2013
China’s generation capacity to double by 2030
China is likely to more than double its generation capacity by 2030, with half of all new plants powered by renewable sources including large hydro, while coal will remain the most important fuel. China’s total power generating capacity would almost double by 2030 to 2.7 terawatts.
read more... 28/08/2013