Latest news
EU energy sector in danger and requires urgently a reform
The EU energy sector needs support for innovation if they want to reduce energy costs. European power companies will have to develop new technologies, to approach more to consumers and expand newer business models and services. European leaders and the energy- industry chiefs have taken steps toward reviving energy-market reform and setting long-term targets for renewable energy.
read more... 24/05/2013
Is the Earth on the edge of a solar energy boom?
The solar energy comes from the Sun every day. The Earth receives an equivalent of 12.2 trillion watt-hours in solar energy every year, according to experts’ calculations. That's over 20,000 times more than the total energy all of humanity consumes each year.
read more... 23/05/2013
Poland will not apply taxes on shale gas production by 2020
After several foreign companies, as Exxon Mobil, Canada’s Talisman Energy and US oil firm Marathon, quit the Polish market in the past few months, the finance minister, Jacek Rostowski, has announced that Poland will not tax shale gas production until 2020 and will improve regulation, in a move which aims to attract energy explorers.
read more... 23/05/2013
Portugal’s power production from renewables at 70%
Redes Energeticas Nacionais, the operator of the country’s energy grid has recently announced that Portugal has reached a major landmark, about 70% of the country’s energy was supplied through renewable sources in the first quarter of 2013, which proves that Portugal has serious intentions to abandon fossil fuels.
read more... 22/05/2013
Turkey is heavily investing in nuclear power
While many EU countries are intensively investing in renewables , Turkey is envisaging the construction of three new nuclear power plants. Turkey is currently looking at nuclear power as it aims to reduce its dependence on imported energy.
read more... 22/05/2013