Almost exactly a month after the House of Lords voted in favor of it, the UK Government voted against the modification to the Energy Bill which would have to put limits on coal burning in the UK, sparing the energy market from an even tighter squeeze as aged nuclear plants shut later this decade. Britain's power market is already tight as ageing capacity is being retired and a modest amount of new generation is being built. Members of Parliament voted 318 to 236 against including the amendment in the bill.
read more... 06/12/2013
The Spanish government has recently decided to give a chance to shale gas fracking, publishing ground rules for operators making use of hydraulic fracturing in the country, amending the previous law to allow water-intensive drilling.
read more... 05/11/2013
Chancellor Angela Merkel engages to curb the generous support for renewable energy if she is re-elected in September. Thus, Germany would be the latest European country to pull back incentives for renewable sources.
read more... 21/06/2013
The fifth feed-in tariff, the new rules for Italian subventions system for photovoltaics, will come into force starting from the 27 of August and represents an amendment to the currently applicable “Conto Energia IV”. The move is a result of the Italian €6 billion photovoltaic feed-in tariff funding limit, reached on July 12.
read more... 20/07/2012
Excise duties represent an indirect tax, a progressive formation that interacts at various levels with different production cycles.
read more... 17/07/2012