Latest news
Green energies will add a third to German’s bills by 2020
According to Vattenfall Europe chief, Tuomo Hatakka, German energy bills will increase up to 30% to 2020 as they must, ultimately, pay rising subsidies for renewables which are paid above market rates under the law while new transmission grids carrying the power from remote places to consumption centres will also need to be financed.
read more... 28/08/2012
US: most of the new power capacity uses natural gas or renewables
According to the U.S. Energy Information Administration, in the first six months of 2012, a total of 8,098 MW of new capacity was added, 80% of the capacity was added in 10 states out of a total of 33. Natural gas and renewable energy sources contributed the most to total energy production.
read more... 23/08/2012
UK: Carbon capture to reduce energy costs by £45 billion by 2050
According to a research commissioned by the Government, improvement in the expansion of carbon capture and storage (CSS) technology could reduce energy costs in the UK by 45 billion pounds by 2050.
read more... 21/08/2012
Bulgaria starts construction of gas pipeline with Romania
In 2009 Bulgartransgaz EAD and S.N.T.G.N. Transgaz S.A. signed a Memorandum of agreement according to which the two countries should cooperate in the construction of the Gas Interconnection Bulgaria – Romania Project.
read more... 17/08/2012
Spain intends to impose a green tax on natural gas
Spain government announced its intention to introduce a green tax on natural gas to help plug its 24 billion euro financial deficit which built up by years of forcing utilities to sell power under cost. The tax will regard only natural gas while gasoline and other motor fuels will be exempt according to Europa Press.
read more... 16/08/2012