Latest news
German gas import costs dropped by 6.3% in the first 4 months of 2010
The bill for Germany's gas imports for the first four months of 2010 reduced by 6.3% to 7.5 billion euros ($10.1 billion) comparing to last year, as shown in data from trade statistics office BAFA on Tuesday.
read more... 17/06/2010
360 million CHF amassed from the CO2 tax to be distributed to Swiss companies and population
According to a recent decision taken by the Swiss Federal Council in May 2010, revenues resulting from CO2 tax will be proportionally distributed to the Swiss population and companies during the course of the year.
read more... 17/06/2010
Solar and offshore wind capacity objectives of Spain to be lowered
Spanish solar and offshore wind capacity targets have been reduced, though keeping the goal of deriving 20 percent of its electricity from renewable energy.
read more... 16/06/2010
New contract for GDF Suez in Saudi Arabia
The French energy giant announced about the signing of a new contract for the construction of a 1730 MW power plant in Saudi Arabia. The new plant would be built as an Independent Power Project (IPP), 125 km west from Saudi Arabia capital, Al Riyadh. Simultaneously, GDF signed the contract to sell the electricity produced at this plant to Saudi Electric Company (SEC). The duration of the contract is 20 years.
read more... 16/06/2010
European spot prices decreased on weather forecast
European spot prices decreased last two days on cooler weather forecast and larger power supply.
read more... 16/06/2010