Energy Update
China’s new installed wind power capacity reached 30.5 GW in 2015, representing a significant growth of 31.5 percent from a year earlier, according to statistics released by the Chinese Wind Energy Association.
Gamesa Corp. Tecnologica SA of Spain and Siemens AG are in talks to merge wind power units, a combination that could create the world’s largest wind turbine maker.
Here, we answer questions on the important steps countries must take to ensure that the Paris Agreement comes into force.
JERUSALEM, Feb 1 (Reuters) - Israel, Cyprus and Greece have agreed to deepen their energy, security and tourism ties in the Eastern Mediterranean, a deal that may have implications for Israel's testy relationship with the European Union, too.
As 2015 closed, bioenergy held some strong positions. The Paris climate negotiations focused the world on moving away from fossil fuels. The European Commission was preparing legislative initiatives for member-states’ energy and climate plans, to be presented early in 2016. The U.S. EPA finalized its Clean Power Plan and, critically, updated the Renewable Fuel Standards.
Feb 1 (Reuters) - U.S. natural gas were trading down over 5 percent early Monday on forecasts for warmer weather over the next two weeks that should reduce heating demand. After ending up over 5 percent on Friday, front-month gas futures on the New York Mercantile Exchange fell 12.1 cents, or 5.27 percent, to $2.177 per million British thermal units at 8:35 a.m. EST (1335 GMT). Both the U.S. and European weather models called for warmer than normal weather over the next two weeks. T
LONDON, Feb 1 (Reuters) - The U.S. economy eked out anaemic growth in the final three months of 2015, and the struggling performance of the oil and gas sector was a major contributor to the slowdown.
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