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SSE has announced its retreating from Scotland-Norway Project

British utility SSE has announced it is retreating from a project to build a subsea electricity cable linking Scotland and Norway. SSE is one of the U.K.'s six major energy providers, and it added also that it will no longer have a financial involvement in the NorthConnect project as it intends to focus on investments in its domestic markets.

read more... 07/03/2013

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China: energy consumption increased 3.9% last year

According to a recent report released by the National Bureaus of Statistics the country used the equivalent of 3.62 billion tones of coal, corresponding to about 66,4% of the total energy consumed, at the same time as oil and natural gas made up something like 18.9% and 5.5%, respectively.

read more... 25/02/2013

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Ireland to create a fund for energy efficiency projects

Pat Rabbitte, the Minister for Communications, Energy and Natural Resources, has announced on this week that the Government has approved his proposal to institute an Energy Efficiency Fund (EEF). The €35 million fund will lend cash to the public and commercial sectors for energy efficiency projects. The Irish Government expects the cash will be matched by the private sector to make a total of €70 million which will be accessible to interested businesses.

read more... 22/02/2013

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Bulgarian government to resign amid protests over high electricity costs

After violent protests against electricity bills and austerity measures, the Bulgarian government has resigned on Wednesday. The Prime Minister, Boiko Borisov, had tried to calm protests pledging to cut power prices and punish foreign-owned companies, but the moves failed to defuse displeasure, and protests continued on Tuesday.

read more... 21/02/2013

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Turkey to start construction of its first nuclear power plant in 2014

Stating to the Director General of Akkuyu NGS A.S. Alexander Superfin, the construction of the first nuclear power plant Akkuyu in Turkey will start in early 2014. The preparation of an ecological report on the project’s impact on the environment will be completed in May 2013.

read more... 18/02/2013

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