Latest news
UK: Shale gas could improve energy security but could not reduce energy bills
The UK has decided along with other countries, to follow the example of the United States on what concerns the shale gas production. MPs has criticized the government for delaying development of shale gas instead of encouraging companies to come up with more precise estimates of recoverable reserves.
read more... 26/04/2013
France advocates the EU 2030 renewables targets
The European Union proposals to establish new renewable energy targets for 2030 received a support, after the French energy and environment minister, Delphine Batho, confirmed that her government will advocate the plan.
read more... 26/04/2013
Eni’s quarterly profits registered a drop of 57%
Italy's largest energy company, Eni SpA said its profits dropped 57% in the first quarter due to the weaker results to rising taxes and a poor operating performance. Eni said that net profit for the first three months to March was €1.5 billion, compared with €3.62 billion in 2012.
read more... 25/04/2013
BNEF: Green energy investments to triple by 2030
According to a new report offered by Bloomberg New Energy Finance, annual investments in renewable energy is likely to almost triple by 2030. Renewable energy systems will account for between 69% and 74% of all new power capacity added worldwide by 2030 due to the decrease in the cost of solar and wind energy technologies.
read more... 24/04/2013
Enel intends to invest about 6 billion euro in renewables
The Italian energy firm Enel Green Energy plans to have about 12.4 GW of green power installed, an increase of 4.4 GW on existing power developments, with around 1 GW of that in place by the end of the year.
read more... 23/04/2013