Latest news
Daily: German power prices down on a major production of wind and thermal
On Friday, Brent crude prices increased above 110 dollars per barrel sustained by optimistic business surveys which suggested that global economy is on the way to recovery and encouraging hopes for a higher demand for fuel. Brent crude prices increased 49 cents to 110.39 per barrel at 13:25 GMT, while U.S. crude oil prices decreased 19 cents at 104.84 dollars per barrel.
read more... 26/08/2013
Daily: German power prices up on lower solar power production
On Thursday, Brent crude remains above 110 dollars per barrel on optimistic data from China, the world's second largest oil consumer after the U.S. The U.S. crude oil benchmark, WTI, was traded at a discount to Brent of $5.50 after signs that US firms were diverting oil to Cushing, Oklahoma storage hub for the first time in the last year
read more... 23/08/2013
Germany hits a new solar record
Last month, Germany, home to a vast 1.3million photovoltaic installations and the highest solar capacity in the world, has reached a new solar power generation record registering 5.1 TWh, with over 40% of the country’s electricity being generated by solar power on July.
read more... 23/08/2013
Germany: Europe’s largest solar rooftop project has been completed
Germany’s largest rooftop solar power plant was officially inaugurated in Philippsburg. The project realized by PV julist and juwi is located on the roof of Goodyear Dunlop’s European logistics center and produces annually about 7.3 million kWh of clean energy, which is enough to meet the annual energy requirements of about 1,800 households, while avoiding the emission in the atmosphere of up to 5,171 tons of CO2.
read more... 22/08/2013
China to have its first floating terminal for LNG imports
China National Offshore Oil Corp (CNOOC) has announced it has obtained the permit to build its first floating terminal for liquefied natural gas in the northern port city of Tianjin. China, being the world biggest energy consumer, intends to increase the share of natural gas in its energy mix to 8% in the next two years, from the current 5 % in a move which aims to cut emissions from coal-fired power stations and reduce the reliance on oil imports.
read more... 22/08/2013