Latest news
China’s generation capacity to double by 2030
China is likely to more than double its generation capacity by 2030, with half of all new plants powered by renewable sources including large hydro, while coal will remain the most important fuel. China’s total power generating capacity would almost double by 2030 to 2.7 terawatts.
read more... 28/08/2013
Daily: German power prices down on a major production of wind and thermal
On Friday, Brent crude prices increased above 110 dollars per barrel sustained by optimistic business surveys which suggested that global economy is on the way to recovery and encouraging hopes for a higher demand for fuel. Brent crude prices increased 49 cents to 110.39 per barrel at 13:25 GMT, while U.S. crude oil prices decreased 19 cents at 104.84 dollars per barrel.
read more... 26/08/2013
The nuclear energy problem of Japan
Since the Fukushima catastrophe in April 2011, nearly all of the country’s nuclear plants closed, leaving a significant capacity gap which has had to be filled with more coal, oil and gas which provoked substantial costs in both economic and environmental terms, as the price of power increased due to a sharp turn toward the use of fossil fuels.
read more... 16/08/2013
E.ON and RWE European power plant closures
E.ON and RWE have been stung by high prices of fuels such as gas, plummeting wholesale prices due to Europe's economic slowdown and policies supporting the expansion of renewable power, which erodes the need for conventional generation.
read more... 16/08/2013
UK: renewable production up 19% last year
According to figures published by the UK Department of Energy and Climate Change, electricity produced from renewable energy sources increased 19% last year in comparison to 2011 levels, representing about 11% of all electricity generated in UK, in comparison to a year before when it accounted 9.4%. Meanwhile, consumption of fossil fuels decreased if compared to 2011 levels.
read more... 06/08/2013