Unless stated otherwise, all prices are for the close of March 5.
Brent crude oil futures: US$80.67/bbl, up 1.0 per cent, as of GMT 9:00, March 8
WTI crude oil futures: US$82.19/bbl, up 0.6 per cent, as of GMT 9:00, March 8
German power: €46.90/MWh, down 0.42 per cent
Coal: €91.50/t, down 0.27 per cent
Natural gas: GB 29.80p/therm, down …
General Electric Co (GE) has said that it expects industry-wide sales of land-based wind turbines to amount to US$130bn in the next two years.
According to Victor Abate, who is in charge of the company’s renewable energy unit, the growth is expected to be concentrated in Canada and Latin America, with CAGRs of 40 and …
Like Brazil, Ecuador has been in the headlines of late as a result of power shortages. IFandP takes a look at the bigger picture, together with the country’s controversial decision to invest further in hydropower.
China has launched Asia’s first offshore wind farm at a cost of CNY2365m (US$346m). The facility has a total capacity of 102MW, installed as 34 wind turbines in Shanghai, one to four miles east of Shanghai Donghai Bridge. While three turbines have been connected to the grid and generate 7.35GWh, the remaining turbines are expected …
Sources have reported that Huadian Power International Corp, China’s largest independent power producer, has said that its net profit for 2009 may be in the CNY1.1-1.3bn range (US$161-190m) as a result of a drop in thermal coal prices and a rise in electricity tariffs. According to Chinese Accounting Standards, the company made a net loss …
Unless stated otherwise, all prices are for the close of February 24.
Brent crude oil futures: US$77.76/bbl, down 0.4 per cent, as of GMT 9:00, February 25
WTI crude oil futures: US$79.56/bbl, down 0.5 per cent, as of GMT 9:00, February 25
German power: €47.58/MWh, up 0.91 per cent
Coal: €95.00/t, up 1.39 per cent
Natural gas: GB 32.90p/therm, down …
According to China’s State-owned Assets Supervision and Administration Commission, State Grid Corp of China, the country’s largest power utility, will soon begin construction on what will be its first smart grid project. Located in Tianjin, North China, the first phase of the project is expected to be complete by the end of 2011.
According to …
Unless stated otherwise, all prices are for the close of February 19.
Brent crude oil futures: US$78.11bbl, down 0.1 per cent, as of GMT 8:45, February 22
WTI crude oil futures: US$80.03/bbl, down 0.0 per cent, as of GMT 8.45, February 22
German power: €47.72/MWh, down 0.50 per cent
Coal: €94.25/t, down 0.0 per cent
Natural gas: GB 32.65p/therm, down …
According to Surabhi Chopra, an analyst who attended a recent coal market conference in Singapore, spokespersons from many coal-consuming Asian nations have highlighted their growing demand for coal for domestic power generation, thus limiting their ability to export coal.
Speakers from India and China in particular were very positive with regard to their country’s future demand …
Unless stated otherwise, all prices are for the close of February 15.
Brent crude oil futures: US$73.41/bbl, up 1.2 per cent, as of GMT 8:45, February 16
WTI crude oil futures: US$74.79, up 1.2 per cent, as of GMT 9.00, February 16
German power: €47.46/MWh, down 0.40 per cent
Coal: €93.00/t, up 0.54 per cent
Natural gas: GB 34.00p/therm, down …
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