Bayer threatens to leave Germany over nuclear shutdown
As Germany phases out its nuclear power stations, key companies are considering relocation to countries with cheaper energy supply.
As Germany phases out its nuclear power stations, key companies are considering relocation to countries with cheaper energy supply.
Peru’s energy minister foresees a greater role for state-run energy companies but President Humala has ruled out nationalising private companies.
The World Policy Institute (WPI) has warned that some of renewables-based energy potential may not be realised as water shortages limited generation in some parts of the world.
China and India’s economic growth may slowdown as crude prices continue to rise, according to the International Energy Agency.
Chinese coal prices hit two-year highs on increased power demand, lower output from hydropower plants. Carbon continues to be resilient, rising on Friday, despite drop in German baseload power contract.
US natural gas down on higher nuclear output. EU and UN carbon hit by lower coal and german power prices.
Natural gas continues to advance as heat wave in Southern US increases demand for air-conditioning. Thermal coal prices in China rise as port inventories drop and utilities seek to restock ahead of summer heat.
UK’s national grid expects country to be well supplied over the coming summer months. Carbon prices advance on higher oil prices and more positive sentiment.
845MW project to employ GE’s 2.5xl wind turbines, company to also provide O&M services. Completion scheduled for next year.
Centre for Global Energy Studies points finger at fundamentals instead of speculation as the main factor behind the run-up in oil prices, warns of demand destruction. Russia looking to boost coal exports to 170Mta by 2030.
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