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Merkel: Subsidies for electric cars can't last forever
Subsidies to help persuade Germans to buy electric vehicles have helped boost demand but cannot go on forever, Chancellor Angela Merkel said on Thursday, Reuters reports.
read more... 28/09/2018
Iberdrola plans to boost U.S. renewable power by about 50 percent: CEO
Iberdrola SA, the world’s biggest wind power producer, plans to expand its renewable capacity in the United States by about 50 percent over four years as part of the Spanish electric utility’s global plan to reduce carbon emissions, its chief executive told Reuters on Monday.
read more... 25/09/2018
Britain’s energy regulator gives approval to National Grid for Hinklet NPP
The energy market regulator in Britain, Ofgem, gave its approval to the National Grid to build a power grid upgrade to connect the new Hinkley Point C nuclear power station, Reuters reports.
read more... 01/08/2018
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China Set To Cut U.S. Oil Imports As Trade War Heats Up
Chinese oil customers plan to reduce their intake of U.S. crude oil from September onwards to avoid a possible import tariff on American oil in China, due to the uncertain outcome of the current trade tensions, Reuters reported on Thursday, citing Chinese industry sources
read more... 22/06/2018
CEZ holds out for a better price in the sale of Bulgarian assets
Czech utility CEZ plans to sell its Bulgarian assets, for which 5 bidders were shortlisted. The company should settle on a transaction by the end of the year, or in case it cannot obtain the right price, it might scrap it, as told by a board member to Reuters. The names of the bidders were not disclosed, but it is said that the firms had experience in the Balkans, as announced by Tomas Pleskac.
read more... 28/09/2017