Latest news
Germany to launch a long-distance wind power line by 2022
Amprion GmbH and 50Hertz, the leading transmission system operators in Europe are envisaging to building a 1 billion euro ($1.31 billion), long-distance power line in Germany to carry wind power from distant areas to industrial centers.
read more... 27/06/2013
Renewable energy to exceed nuclear and gas in the next year to come
The IEA has released its second annual Medium-Term Energy Market Report, according to which renewable sources will exceed natural gas as a power source and will be twice the contribution from nuclear energy globally by 2016, being second only to coal.
read more... 27/06/2013
Daily: European spot power prices trade higher on weak German wind power output
Crude oil boosted on Wednesday backed by a considerable increase in U.S. gasoline stocks, encouraged by gains in the stock market and heavy spread trading. Brent crude for August delivery rose 40 cents to settle at $101.66 a barrel, while U.S. crude traded 18 cents up to settle at $95.50 a barrel. The Brent benchmark traded down 8.5 percent for the quarter, its third quarterly consecutive loss, having declined after Fed Chairman Ben Bernanke performed a roadmap last week to slow bond buying and on concerns about an economic slowdown in China.
read more... 27/06/2013
Obama wants to save the world?
President Barack Obama has revealed yesterday the most ambitious plan that a US president has ever set. The plan includes measures to curb carbon-dioxide emissions from power plants, the largest source of emissions in the U.S. The limits are intended to help reduce carbon emissions by three billion metric tons by 2020.
read more... 26/06/2013
China ranks first among top renewables energy investment sites
China currently offers the greatest opportunities in the world for renewable energy investment, while India has the strongest potential for conventional power investors, according to a report released by analysts at PA Consulting - ‘Mapping Energy Investment Potential Around the World’.
read more... 26/06/2013