Latest news
Gazprom: exports to European states up
Russia Federation had massively exported gas to several European countries, through its giant gas company Gazprom, to appease the fears about losing market share to its existing rivals.
read more... 12/05/2010
Solar electricity could reach 22 percent of global power supply by 2050
According to the International Energy Agency(IEA), solar electricity could provide up to a quarter of the world's power by 2050, thus cutting greenhouse gas emissions by almost 6 billion tonnes and reducing the dependence on fossil fuels, though government support is imperative in the next decade.
read more... 12/05/2010
RWE Innogy to use offshore wind area on German port
RWE Innogy has concluded an arrangement with Eurogate Container Terminal Bremerhaven on use of sites in the Bremerhaven container port, with the purpose of building its offshore Nordsee Ost wind farm.
read more... 11/05/2010
Vattenfall's German grid in sale process to Elia
Elia, Belgian power grid operator, and its Australian partner, agreed with EU regulatory clearance concerning Vattenfall acquisition, a Swedish power company and a German high-voltage grid.
read more... 11/05/2010
The oil price drops to $76 per barrel
On Tuesday, the oil price dropped to $76 per barrel, as consequence of dollar recovery and E.U. debt crisis, while China’s inflation may cause monetary tightening measures.
read more... 11/05/2010