Latest news
Iberdrola invested EUR550 million to upgrade Spanish electricity grid
The Spanish utility Iberdrola invested EUR550 million in extending and improving electricity grid in Spain in 2011.
read more... 27/01/2012
FERC gives license for New York’s first tidal energy project
The first pilot license, for a 1 MW tidal energy project to be developed in the East Channel of New York’s East River, was issued by Federal Energy Regulatory Commission. The project was drafted by New York-based Verdant Power Inc. and will be built in three phases by installing up to 30 commercial class turbines with five fixed generator units to capture energy from tidal flow.
read more... 26/01/2012
U.S. DOE to support small nuclear reactor designs
The U.S. Department of Energy (DOE) has recently outlined its plans to support the design and licensing of small modular nuclear reactors (SMRs) and to promote their use for power generation. The Obama administration supports SMRs as a form of low carbon energy and for job creation.
read more... 24/01/2012
British Gas to slash electricity prices by 5%
British Gas announced that it will slash the electricity prices by 5% in the next days, as result of falling wholesale prices, being followed by Scottish & Southern Electricity (SSE), which will cut its gas tariff by 4.5% starting from March, 26.
read more... 16/01/2012
E.ON to invest in Brazil power
German utility giant E.ON is planning to invest some $5.5 billion in the Brazilian power plant market through local player MPX Energia, according to international news.
read more... 11/01/2012