Latest news
Dong Energy to quadruple its offshore wind capacity by 2020
Dong Energy is aiming to have installed 6.5GW of operating offshore wind capacity in north-west Europe by the end of the decade, with an intermediate target of 3.5GW by end-2016. Dong has publicly adopted an unprecedented target of reducing its offshore wind cost of energy to €100/MW by 2020. This would correspond to at least 47% less than Germany's current feed-in tariff for offshore wind generation, which is set at EUR 190/kWh. The new 2020 benchmark target for offshore wind is to quadruple installed offshore wind capacity from its currently 1.7GW to 6.5GW in 2020.
read more... 28/02/2013
UK: Shale gas will not cut the cost of gas
According to a new study realized by Bloomberg New Energy Finance, the exploitation of the UK’s shale gas resources is unlikely to result in low natural gas prices, as the cost of shale gas extraction in the UK could be considerably higher than in the United States, where the development of shale gas resources has resulted in a substantial reduction of prices.
read more... 28/02/2013
Eni strikes a new gas discovery off the coast of Mozambique
The Italian energy major Eni announced that it has discovered more gas off the coast of Mozambique.
read more... 28/02/2013
IEA: Asia to become the second largest gas hub in the world by 2015
Asia could become the second-largest natural gas hub in the world after North America by 2015, according to a report released by the International Energy Agency (IEA).
read more... 27/02/2013
China: energy consumption increased 3.9% last year
According to a recent report released by the National Bureaus of Statistics the country used the equivalent of 3.62 billion tones of coal, corresponding to about 66,4% of the total energy consumed, at the same time as oil and natural gas made up something like 18.9% and 5.5%, respectively.
read more... 25/02/2013