Latest news
Enel investments in Spain’s energy sector at risk
Enel, Europe's second utility in terms of installed capacity, has announced recently that its future funds in Spain’s energy sector could be at risk unless the energy reform was revised. The Spanish government imposed a 7% levy on all incomes from power generation at the beginning of 2013, and approved a second wave of reforms in July.
read more... 05/08/2013
Gazprom’s gas deliveries to Europe boost by 29% in July
The Russian gas giant Gazprom boosted its gas exports to European Union and Turkey in July, an increase of 29% to 14.04 billion cubic metres (bcm) compared to the same period a year ago.
read more... 05/08/2013
UK launched 25 billion fund for the construction of new biofuel plants
The Department for transport will present a fund of 25 million pounds which will be offered following a demonstration of the use of municipal waste and forestry residues or other advanced biofuel sources to produce fuels, helping UK to shift from fossil fuels as petrol and diesel.
read more... 05/08/2013
Daily: European spot power prices boost on lower renewables and falling temperatures
Crude oil futures declined on Friday on disappointing U.S. jobs data which alleviated economic optimism, pushing Brent crude to its highest level in four months and encouraging some investors to take profits.
read more... 05/08/2013
UK to invest 66 million pounds in the offshore wind industry
The UK Government intends to invest 66 millions of pounds in the offshore wind industry aiming to create more jobs and to improve the economy, meanwhile maintaining the UK as a world leader in the sector.
read more... 02/08/2013