Latest news
Daily: UK gas settles higher during cold weather
Brent crude and U.S. crude oil futures eased by more than 1 percent and 2.5 percent respectively on Thursday, dragged down by bearish economic data and the U.S. Federal Reserve’s possibility to slash its economic stimulus program.
read more... 22/02/2013
Germany to curb green energy supports
In reply to the European economic recession, the German government is approving cuts to programs supporting the development of renewable energy projects. Germany intends to fix a cap of subsidies and compensations it has created for green energy that had the unplanned effect of driving up household electricity bills.
read more... 15/02/2013
Ukrainian Naftogaz will receive 3.7 billion dollars loan from China
Ukraine’s national energy company Naftogaz will receive a $3.7 billion loan from China to finance a program to substitute natural gas with locally produced coal for a 19 year period.
read more... 27/12/2012
China: MoF has approved solar projects for a total of 2.83 GW under the Golden Sun project
The Golden Sun program was started by the Ministry of Finance (MoF), Ministry of Science and Technology, and the National Energy Administration in 2009, with the objective to support financially the projects ranging from photovoltaic generation facilities in industrial parks to large solar power stations. Under this program, the MoF has approved projects for a total of 2.83 GW, which need to be constructed by the end 2013.
read more... 14/12/2012
Poland to choose between nuclear power and gas
Poland is going to scrap its nuclear programme in favor of shale gas as a less risky investment option, according to the head of Polish state-owned utility PGE.
read more... 05/11/2012