Latest news
IEA: Renewable power to surpass coal by 2035
The International Energy Agency (IEA) has recently released a new report according to which the renewable energy will surpass coal, becoming the main generator of the world's electricity by 2035. It sees great potential for wind farms, solar farms and hydroelectric dams that become increasingly competitive with traditional energy sources, a level close by that of coal, said the Paris-based IEA agency that advises 28 nations on energy policy in its annual outlook.
read more... 13/11/2012
TNK-BP to be involved in $31 bln long-term gas deals
The shareholders of two generating companies controlled by billionaire Viktor Vekselberg's Integrated Energy Systems Holding (IES) - Volga TGK and TGK-9 are envisaging signing contracts in December with TNK-BP's SL Trading for gas supplies worth up to $31 billion in the period to 2030, according to statements from the power companies.
read more... 13/11/2012
Scottish Government launched the” Warm Homes Fund”
The Scottish Government has launched a £50 million fund that will invest in green energy schemes having the objective to help heat homes across Scotland. According to some experts, even if it does not solve all of the country’s energy problems, this should help to drive the energy sector in the right direction.
read more... 12/11/2012
Biomass could be the solution to cope with the British energy crisis
Biomass could be the solution the UK is looking for to cope with its energy crisis, according to some energy experts. Biomass could provide cheap, sustainable, reliable energy for the UK.
read more... 09/11/2012
UK’s electricity grid needs an investment of 1.6 billion pounds to switch to a smart grid
UK‘s electricity grid is facing the biggest challenge since 70 years and will need an investment of up to 1.6 billion pounds ($2.56 billion) to switch to renewable energy capacity, according to a report commissioned by the Energy Networks Association (ENA) on behalf of the Department for Energy and Climate Change (DECC) and the industry regulator Ofgem. The report comes amid growing concern over Britain’s future ability to meet electricity demand.
read more... 08/11/2012