Regional Greenhouse Gas Initiative (RGGI) allowances sold at a clearing price of $3.38 at the scheme's second pre-compliance auction on 17 December 2008.
RWE plans to invest $2.8 billion in its first German offshore wind farm following the acquisition of project company ENOVA Energieanlagen, part of the ENOVA Group.
German utility E.ON has announced that it will sell over 2200 MW of generation capacity from German power stations to Electrabel and EnBW. The move comes after E.ON reached agreement with the European Commission to promote competition in Germany's power...
The latest Annual Energy Outlook (AEO) from the Energy Information Administration (EIA) has forecast virtually no growth in 2009 US oil consumption for the first time in more than 20 years.
Australia's carbon trading scheme will be up and running by the middle of 2010, according to a statement made by the Australian government minister for climate change and water, Penny Wong, at the Poznan climate change negotiations last week.
Essent Trading, the Geneva-based trading arm of Dutch utility Essent, has opened representative offices in Norway and Singapore.
Joe Gold, MD and co-head of commodities at Barclays Capital, talks to Katie Holliday about weathering the financial market turmoil
The LNG market for Europe and Asia has been traditionally tight, but new supply looks set to change market dynamics. Katie Holliday reports
While the bulk of global LNG volumes remain locked up in opaque long-term deals, attempts are being made to introduce price transparency and a forward curve to the market. Roderick Bruce investigates
The election of Barack Obama as President has made a federal cap-and-trade emissions scheme in the US almost certain. Pauline McCallion reports on how stakeholders are coping with the remaining uncertainties
Despite reduction targets, major European electricity producers have increased their carbon emissions since 2007 according to a report released by PricewaterhouseCooper (PwC) last week.
Npower Renewables, a subsidiary of German utility RWE, received permission on December 3 from the UK's Department of Energy and Climate Change to build and operate the 750 megawatt (MW) Gwynt y Mor wind farm off the coast of North Wales.
Former chief executive of Man Group, Stanley Fink, is chairing an environmentally focused fund management company entitled Earth Capital Partners that aims to raise $5 billion over the next five years.
Constellation Energy has received an unsolicited $4.5bn bid from Electricite de France (EDF) for 50% of its nuclear business.
The United Nations CDM Executive Board has temporarily suspended Norwegian consulting firm DNV's powers for accrediting clean development mechanism (CDM) projects, prompting potential delays for project developers' issuance of Certified Emission Reduction...
Italian energy company Enel launched renewables arm Enel Green Power on December 1, to expand operating power generation from renewable resources in Europe and internationally.
Four million European Union Emission allowances (EUAs) will be up for sale today marking a turning point in EU Emissions Trading Scheme history.
Index provider FTSE has expanded its Environmental Opportunities Index Series by launching nine new indexes. The series, which was launched in July 2008, is derived from the FTSE Global Equity Index Series and comprises companies with at least 20% of...
ETF Securities has cross-listed 13 exchange-traded funds (ETFs) on the London Stock Exchange (LSE) which offer equity exposure to commodity markets as well as US equity market exposure.
Swedish power company Vattenfall has acquired UK wind farm Thanet Offshore Wind and has joined forces with ScottishPower for Crown Estate’s Round Three of tender bids to develop offshore wind power in the UK.
BP Alternative Energy has just announced that it is withdrawing from the UK competition for funding for a Carbon Capture and Storage (CCS) demonstration plant, leaving just three contenders.