Brent crude oil futures increased on Wednesday as traders took advantage from an over-extended spread trade with U.S. crude oil, while the American light crude was buoyed by a record demand for heating oil amid continued cold snap.
read more... 06/02/2014
Wind energy capacity is growing quickly in many countries all over the world, despite many disadvantages of using wind energy, most particularly is the intermittent accessibility of wind energy.
read more... 05/02/2014
New offshore wind installations in Europe posted a new record in 2013, with 1.57GW of capacity added, a one-third increase (34%) over 2012, according to figures unveiled by the European Wind Energy Association (EWEA). However, EWEA warns the growth is set to halt because the European offshore market is in a period of slowdown.
read more... 30/01/2014
Brent futures boosted to $107 a barrel on Tuesday as the sharpest fall in three weeks encouraged new buying, with concerns of turmoil in emerging economies and a downturn in China keeping the gains in check. Brent crude hit a high of $107.10 a barrel and rose 29 cents at $106.98 by 03:29 GMT. Meanwhile, U.S. oil rose 12 cents to $95.84, after recording the highest level Jan. 13.
read more... 29/01/2014
Chinese developers installed a record 12 GW of solar panels throughout the country in 2013, almost matching the total amount of solar power in operation in the United States, and it is likely that in 2014 it will exceed that record reaching 14GW of additional PV capacity. Until now, no one has ever added more than 8GW of solar power in a single year previous to 2013, and China’s record exceeded even the most optimistic estimates of a year ago.
read more... 24/01/2014