Latest news
Offshore wind sector in Europe hits installation record in first half 2015
European offshore wind has broken a record for annual capacity installation just six months in 2015, according to the attest figures from the European Wind Energy Association (EWEA).
read more... 31/07/2015
Germany’s renewable power hits a new record
Germany’s renewable electricity surpassed the old record of 74 percent on July 25, hitting 78 percent of the day’s energy demand, spurred by windy weather in the north where Germany has most of its wind turbines installed and by sunny weather in the south.
read more... 29/07/2015
Germany’s coal imports likely to drop by 5.7%
Germany's coal imports are expected to drop to 53 million tonnes in 2015 from a record high last year of 56.2 million, as stated by a lobby group VDKi on Thursday, quoting lower demand from power stations and steel producers.
read more... 24/07/2015
OPEC oil production rocketed to three-year high in June
The Organisation of Petroleum Exporting Countries (OPEC) oil supply has rocketed to a three year high in June due to a record breaking output from Iraq and flat exports from Saudi Arabia.
read more... 06/07/2015
Daily: European power prices jump on tight nuclear power, heatwave
Crude oil prices declined on Friday on increasing U.S. rig count which intensified worries of global supply glut and after Chinese regulators launched an investigation into suspected stock market manipulation. Front-month U.S. crude settled at $56.56, down 37 cents, falling below a trading range of $57 to $62 seen since early May. Brent crude for August delivery decreased by $1.75 to close at $60.32 a barrel, prolonging a downward trend since early May during which prices have slipped around 13 percent. Front-month U.S. crude stood at $55.52, down $1.41, plunging below a trading range of $57 to $62 recorded since early May.
read more... 06/07/2015