Latest news
Verbund CEO considers that electricity prices might double in long term
The chief executive of the utility Verbund focused on hydropower thinks that German-traded electricity tariffs might double to 60 euros ($67.08) per megawatt-hour (MWh) in the long term, as soon as German nuclear power plants go offline as scheduled.
read more... 15/06/2015
EU regulators consider GE’s Alstom power agreement would harm competition
General Electric Co might need to propose bigger concessions to win European Union support for its acquirement of Alstom SA's electricity unit since regulators intend to inform the U.S firm that the agreement would harm competition, as stated by two people familiar with the matter on Thursday.
read more... 12/06/2015
Global solar power capacity rocketed 100 fold since 2000 in 2014
Solar power capacity has rocketed 100 fold since 2000, with a record amount of solar power added to the world’s grid in 2014.
read more... 12/06/2015
Germany economy ministry declares coal levy still on the table
Germany's government is still evaluating all suggestions on how to reduce CO2 emissions from coal-fired power plants, as declared by an economy ministry spokesman on Wednesday, discharging a report that a debated coal levy had been put on ice.
read more... 11/06/2015
World’s first tidal lagoon power project approved by Britain
Britain has given planning authorization for a 1 billion pound ($1.5 billion) tidal lagoon project in Wales able to produce sufficient electricity to power approximately 155,000 households, as stated by the Department of Energy and Climate Change (DECC) on Tuesday.
read more... 10/06/2015