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Germany to speed up power grid expansion

The German federal cabinet approved the law to accelerate the construction of 2,800 km of new high-voltage transmission lines, to help transport energy produced from renewable sources of northern Germany to the industrial centers of southern Germany, which are in shortage of energy.

read more... 20/12/2012

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Russia to build two new reactors in China

Russian Prime Minister Dmitry Medvedev and Chinese Prime Minister Wen Jiabao, signed a protocol, on Thursday, for the construction of what will be the third and fourth reactors at the Tianwan nuclear power plant, and discussed also the possibility of building floating nuclear power plants.

read more... 10/12/2012

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EDF unveils a sharp rise in costs for Flamanville nuclear reactor construction

French state-controlled power giant Electricite de France (EDF) announced that it will increase costs for the nuclear reactor it is building in Flamanville, northern France to €8.5 billion ($10.6 billion).

read more... 07/12/2012

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The European investment Bank to provide a 155 million euro loan to Bord Gàis

The European Investment Bank (EIB) has granted a 155 million euro loan to Irish energy company, Bord Gàis, to support the construction of six onshore wind farms, in Counties Tipperary, Clare and Kilkenny, with a total combined capacity of 141 MW.

read more... 05/12/2012

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Ukraine to build its first LNG terminal

Ukraine started the construction of its first LNG terminal near the Black Sea port, in Odessa region. According to the Ukrainian government officials, the LNG terminal may then cover from 30 to 50 % of Ukraine's domestic demand for gas.

read more... 28/11/2012

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