Power & Energy Commodity News
22M electric vehicles to be sold, 2012 to 2020
Boulder, 19 April 2013
While sales of electric vehicles (EVs) have not met the expectations of governments and automakers, they continue to expand steadily. Both plug-in electric vehicles (PEVs) and hybrid electric vehicles (HEVs) have become widely available in Asia Pacific, North America, and Western Europe, and are being introduced in Eastern Europe, Latin America, and the Middle East. According to a recent report from Navigant Research, a total of 21.9 million EVs will be sold worldwide during the period from 2012 to 2020.
Communication key for successful trading in Turkey
London, 19 April 2013
“Small but concrete steps and coordination between different markets will help us to establish the liberalized markets”, says Arkin Akbay, Director Power and Gas Group in Turcas, whilst stressing that “communication is the key for success”. Now that the general framework for the future energy market in Turkey has been defined, key stakeholders in the Turkish energy trading space are sharing their expectations for the Turkish energy market.
Read more: Communication key for successful trading in Turkey
Europe: Back to the dark ages
London, 12 April 2013
Coal’s golden renaissance ... While coal use in electricity generation has dwindled in the United States, it has been staging a quiet comeback in Europe. Coal-fired power generation is growing at an annual rate of 5% and 22% in Germany and Spain, while gas-fired generation is falling by 15% and 23% respectively.
US gas glut hits annual coal contracts
Source: Financial Times, 11th April 2013
Thermal coal miners will cut benchmark annual contract prices by more than 17 per cent from last year as a glut in the US natural gas market weighs on coal.IEA cuts oil demand growth forecast
Source: Financial Times, 11th April 2013
The International Energy Agency has revised down its estimate of European oil demand for the second consecutive month and warned that the Cypriot bailout is weighing on the continent's demand for oil.Shale boom sees WTI lose crown
Source: Financial Times, 10th April 2013
The US shale boom has spurred another revolution - this time ending three decades of supremacy for West Texas Intermediate as the benchmark oil contract in financial markets.Cyprus to dive into its gold reserves
Source: Financial Times, 10th April 2013
Cyprus has agreed to sell gold worth €400m from its reserves as a contribution to an international bailout, roiling the precious metal markets as investors feared it could set a precedent for other troubled eurozone countries.Trafigura raises $500m with perpetual bond
Source: Financial Times, 10th April 2013
Trafigura, one of the world's largest commodities trading houses, has launched its first perpetual bond, tapping the public capital market in a further sign of change in the way trading titans finance themselves.Brent price reversal to hit investors
Source: Financial Times, 8th April 2013
A sharp shift in the price of Brent crude for immediate delivery to trade at a discount to later supplies is threatening to hit billions of dollars in investments tracking the global oil benchmark.Pressure on margins at European refineries
Source: Financial Times, 8th April 2013
It is a truism among commodity analysts that there is no demand for oil, only for oil products such as diesel and petrol. And it is the arcane market for US gasoline, and the refineries supplying it, that hold the key to oil's sudden downward move.More Articles...
European Energy Markets
Power and gas companies now require advanced technology to overcome challenges that threaten to remove unprepared participants from the market.
Upcoming Events – We recommend ...
Istanbul, 21 May 2013 - 22 May 2013
Dubai, 02 June 2013 - 03 June 2013
Africa Iron Ore Conference 2013
Cape Town, 04 June 2013 - 05 June 2013
Subscribe Now
