Latest news
Ireland: wind farms could help reduce energy bills
Ireland is an excellent location for developing both onshore and offshore wind farms, due to its favorable climate, and the wind speed means that there are many wind farm sites which offer a high capacity factor for generation. The country has one of the greatest wind energy resources in Europe and it is important to exploit them efficiently, so as to create jobs and bring benefits to communities.
read more... 19/02/2014
Daily: WTI crude prices rally to a 4-month high
Brent crude settled slightly higher on Wednesday, backed by a stronger 2014 oil-demand forecast from OPEC and as Chinese oil imports reached record highs on Tuesday. However, the gains were curbed as traders sold the European benchmark and purchased WTI after the publication of figures. Brent crude for March delivery settled 11 cents higher at $108.79.
read more... 13/02/2014
Germany to install only 2.8 GW of new PV capacity this year
According to a new report by EuPD Research this year Germany will install about 2.8GW of new PV capacity, with small PV installations under 10kWp becoming even more important for the German PV market, despite the government’s intention to cut considerably renewable energy incentives.
read more... 10/02/2014
Is the US close to its energy independence?
Looking at the whole U.S. energy picture, which includes natural gas, coal, nuclear, crude oil and renewables, the country is close to being self-sufficient. As a result of the hydraulic fracturing and horizontal drilling, the U.S. is set to become the world’s largest oil and natural gas producer. The American energy boom is also drastically reducing oil and gas imports at a time when much of the world is becoming more reliant on energy imports.
read more... 10/02/2014
Gazprom remains the leading natural gas provider in Turkey
Russian energy giant Gazprom is the top provider of natural gas to Turkey, after the energy-hungry Turkey imported more than half of its gas needs from the Russian company last year.
read more... 04/02/2014