LONDON, Nov 20 (Reuters) – A return to rising world coal prices next year would underscore the European Union’s energy dependence, given global gas prices also appear on a long-term upward trend. European coal import prices have this year fallen following a shale gas boom which suppressed U.S. power prices and coal demand. But the […]
LONDON, Nov 23 (Reuters) – British government support for low-carbon electricity generation will triple by 2020 after the energy and finance ministries reached a deal to end months of wrangling over costly reforms. Under the agreed Levy Control Framework, spending on renewable power generation will increase to 7.6 billion pounds a year in real terms […]
LONDON, Nov 20 (Reuters) – Hydraulic fracturing (“fracking”), the technology which revolutionised the U.S. oil and gas industry, has started to make its first cautious forays overseas. FTS International, formerly known as Frac Tech, one of the leading suppliers of hydraulic fracturing equipment and services in the United States, has signed joint venture agreements to […]
By Jonny Hogg KINSHASA, Oct 26 (Reuters) – Officials in Democratic Republic of Congo are colluding with foreign logging firms to support illegal logging, harming local communities and risking the destruction of the world’s second largest forest, a report by a campaign group says. Derelict ports in Congo’s riverside capital Kinshasa are piled high with […]
LONDON, Sept 26 (Reuters) – The British unit of German utility RWE RWEG.DE on Wednesday submitted applications for permits to allow its Tilbury coal-fired power plant, which it has turned into a biomass station, run beyond a closure date set by EU environmental law. The Tilbury plant in Essex east of London is expected to race through […]
Sept. 26 (Bloomberg) — More than two centuries after coal power helped forge the world’s first industrial economy, Britain is going back to burning wood. Drax Group Plc will spend $1 billion to turn the U.K.’s biggest coal-fired plant into western Europe’s largest clean- energy producer. The U.K. utility plans to convert one of the […]
Mr. Mike Hammah, Minister for Land and Natural Resources, has called on African governments to take the lead in identifying and prioritizing areas of investment in the forestry and energy sectors. He said this would halt forest degradation and deforestation; create more jobs and improve on the living conditions of the people. Mr. Hammah […]
(Published July 25th 2012 – Environmental Finance) – Changes to UK support for renewable energy announced today mean that Drax, the UK’s largest coal-fired power station, could switch to using mostly biomass within five years. The 4GW plant is a major emitter in the EU Emissions Trading System and last year it bought 12 million […]
(Published by Watson, Farley & Williams) – Good news for offshore wind, short-term certainty for onshore wind, but the future for solar remains unclear. The Government Response Yesterday morning, while much of the country was distracted by news of the Olympic torch passing through central London, the Department of Energy and Climate Change (DECC) published […]
(Published by Wood Resources International LLC) – The global sawlog price index in the 1Q/12 was down almost nine percent from early 2011, with Europe experiencing the biggest decline in prices, reports the Wood Resource Quarterly Reduced global demand for lumber has resulted in a reduction in the Global Sawlog Price Index by almost nine […]
