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Statkraft: Another two gas-fired power plants to be closed in Germany

The Norwegian energy company Statkraft has decided to close two gas-fired power plants with a total capacity of 1,200 MW in Germany, just six years after they were commissioned, citing unprofitability reasons.

read more... 19/08/2013

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The Czech government to end solar subsidies from 2014

The Czech Republic’s lower house of Parliament has voted on Friday to end subsidies for the renewable energy industry and to extend a tax on existing PV installations, starting from January next year, having the objective to reduce subsidies and to cut increasing power prices.

read more... 19/08/2013

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The nuclear energy problem of Japan

Since the Fukushima catastrophe in April 2011, nearly all of the country’s nuclear plants closed, leaving a significant capacity gap which has had to be filled with more coal, oil and gas which provoked substantial costs in both economic and environmental terms, as the price of power increased due to a sharp turn toward the use of fossil fuels.

read more... 16/08/2013

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E.ON and RWE European power plant closures

E.ON and RWE have been stung by high prices of fuels such as gas, plummeting wholesale prices due to Europe's economic slowdown and policies supporting the expansion of renewable power, which erodes the need for conventional generation.

read more... 16/08/2013

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China to lead the wind power market in 2020

Around the world wind power is emerging as a serious source of new clean energy. There is over 72 TW of energy available worldwide, just from wind. According to a report offered by GlobalData, China will remain the world's largest wind energy market for the rest of this decade.

read more... 15/08/2013

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