GLG News by Solar Power Experts (EU)

While the USA and nations such as China and India don’t assume emission reduction targets; the EU won’t be able to pursue alone stricter compromises for the after-Kyoto world. With the tougher right allocations, carbon markets will be much lively from 2008 on.

Iran needs to increase its investment in oil and gas extracting capacity, and to increase domestically the price of oil products to contain demand and increase efficiency, if it wants to keep its status as a key oil and gas exporter country. The same can be said of countries such as Venezuela. We...

Russia is using its growing energy power as a geopolitical weapon against the European Union and the US. Western countries need to act as a whole against Russia on energy issues. This is especially true of the European Union, which should have a sole voice on these grounds, avoiding bilateral solutions...

Fears of Saudi Arabia and Iran getting involved in Iraq’s conflict are giving rise to the possibility of sudden increases in short-run oil prices even as the supply situation remains relatively stable. The concerns over the situation in the Middle East also coincide with other factors, such as...

Gas Natural’s lawyers keep finding new obstacles for E.ON in its battle to seize Endesa. It’s increasingly likely that a Spanish court of justice declares that E.ON’s bid is null.

It seems increasingly unlikely that E.ON win its fight for Endesa. The battle may be on hold on the courts of justice for the longest time, if crucial players don’t reach an agreement that makes Gas Natural stop its judicial manoeuvres.

Given the small operating costs in this market, the future of on-line betting in Europe (and other potential markets, such as Asia) is very bright. It only needs for growing that some regulatory uncertainties disappear. Spain’s prospects seem especially good.

We shouldn’t expect cheap oil prices any more. Burning oil is a waste of non-renewable resources; the sooner we can start devoting oil just to chemical uses for which it has no substitutes (plastics, synthetics…) the better. We need strong support for renewable energy sources.

Whatever a single country does with nuclear power at home is scarcely relevant for other countries and the future of nuclear power in general. It’s hardly believable that Sweden can stop using nuclear power any time soon. Sweden depends too much on nuclear power, and their people are much concerned...

Natural gas is a great alternative to oil because it’s the cleanest of all fossil fuels. But natural gas is also a source of “non-conventional” oil through “gas to liquids” (GTL) conversion, which allows to produce very high-quality fuels. It’s likely that in less than 10 years world production...