Brent crude oil futures dropped, while U.S. crude oil futures climbed for a fifth consecutive session on Thursday, narrowing the spread between the two benchmarks contracts to a two-week low as optimistic U.S. economic data suggested an increase of demand for oil in the world's largest consumer.
read more... 06/12/2013
Bulgaria’s parliament has approved a 20 percent controversial tax income from wind and solar power installations next year. The proposal was backed Thursday morning by 116 MPs, 38 voted against and 28 abstained.
read more... 06/12/2013
The UK Government has announced it intends to finance a new nuclear power station in Anglesey in North Wales within three years.
read more... 05/12/2013
The European Union is likely to open an official inquiry into whether the Hinkley Point nuclear deal breaks the EU rules on competition. Britain in October signed a deal with EDF to build a nuclear plant at Hinkley Point in southwest England and became the first European country to offer a guaranteed power price over 35 years for a new nuclear project. Britain has said it is confident it will get clearance, but a formal European Commission probe could take years, throwing uncertainty over the nation's plans.
read more... 03/12/2013
British wind energy industry hit a record-breaking on Friday, supplying more than 6GW of power to the grid for the first time, according to data provided by the National Grid.
read more... 02/12/2013