Brent crude oil traded higher on Monday as supply disruptions in Europe offset previous’ week losses, while cautious investors were eager for the results of U.S. Federal Reserve meeting. Supply disruptions in Libya, Iraq and elsewhere have withdrawn over 500,000 barrels per day from the market.
read more... 30/07/2013
According to figures released by the government, UK’s energy imports reached record levels last year, increasing once more worries of possible blackouts in the future. The closure of old power plants, declining domestic reserves and low-emissions objectives all pose challenges to shift to low-cost sources of power.
read more... 29/07/2013
The European Union and China have finally reached an agreement over imports of solar panels which should help reduce tensions between two of the world’s largest trading powers.
read more... 29/07/2013
The RES has received the permission from the Government to build a 100 MW biomass power plant in Northumberland. It is RES's first biomass plant, with the company having developed a number of onshore and offshore wind projects and solar energy schemes.
read more... 25/07/2013
French Environment Minister Philippe Martin, in an interview with Le Journal de Dimanche, has announced that the country's oldest nuclear plant of Fessenheim, northeastern France, is expected to be closed by the end of 2016, as promised also by the French president Francois Hollande during the electoral campaign.
read more... 24/07/2013