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EU’s bank to credit Britain’s electricity grid $2.4 billion
The European Union's bank will offer a loan of 1.5 billion pounds ($2.4 billion) to Britain's National Grid, its major ever single loan, as stated by the bank on Friday.
read more... 10/11/2014
Lithuania: free 2013 EU emissions allowances to be offered to utilities
Lithuania has been offered the permission to give utilities free carbon allowances for their 2013 emissions, making it the final nation to obtain European Commission authorization under a programme to aid Eastern Europe clean up its electricity sector.
read more... 30/10/2014
CEZ considers EU authorization of UK nuclear project an example
EU regulatory consent of Britain's nuclear project estimated at 16 billion pounds with French utility EDF sets a precedent that must aid a Czech offer, the chief of power firm CEZ was cited as saying by Hospodarske Noviny on Tuesday.
read more... 01/10/2014
France: contribution of $1 billion to climate fund for poor, declares Hollande
French President Francois Hollande made known on Tuesday that France will offer $1 billion to a practically empty global fund to aid poor nations get used to the consequences of climate change as he spoke to the United Nation's summit on climate change.
read more... 24/09/2014
Finland offers financial backing to three small LNG terminals
The Finnish government allocated 65.2 million euros (84.22 million US dollar) in financial backing to construct three small liquefied natural gas (LNG) terminals to cut on utilization of fuel oil and liquefied petroleum gas (LPG) in industry, as stated by the economy ministry on Thursday.
read more... 19/09/2014