Latest news
UK: Centrica abandons plans to build new nuclear power plants
Centrica has announced that it intends to abandon plans to build new nuclear power stations in the UK because of the rising costs following changes to regulations after the Fukushima disaster in 2011. Centrica had been planning to build four plants with the French supplier EDF, but has now pulled out of the partnership.
read more... 05/02/2013
Norway to increase the hydro energy share in electricity generation by 2020
Norway, already the greatest producer of hydropower, which is getting the largest share of its electricity from hydropower- a full 95 percent, is planning to soar its annual production by 12% by 2020 following the country’s efforts to meet EU goals for higher energy output.
read more... 04/02/2013
Daily: European power prices settle up on colder weather and higher carbon
Brent crude futures increased on Friday, recording a 3 percent gain for the week, supported by global economic recovery data and heavy trading of the spread with U.S. oil futures. Meanwhile, Brent March crude gained $1.21, or 1.05 percent, to settle at $116.76 a barrel, having traded from $115.40 to $117.07.
read more... 04/02/2013
Germany installed 2.4GW new wind power capacity in 2012
Last year Germany installed about 2.4 GW of new wind power capacity with the nation reaching a total capacity of 31.3GW. Germany is investing in clean energy as it intends to phase-out nuclear power. It plans also to build offshore wind farms covering an area as much as six times the size of New York City and increase the renewable-energy production to about 40 %of total power production by 2020, in comparison to about 25%of now.
read more... 31/01/2013
EWEA: The European offshore wind installations at record levels in 2012
The European Wind Energy Association has recently released a new report according to which EU offshore wind energy sector is growing considerably, with 2012 being one of the most successful years in terms of wind power.
read more... 30/01/2013