Latest news
Nuclear power investment of $80 bln per year required to meet climate change goals
The nuclear energy industry requires a yearly investment of $80 billion so as to meet climate change objectives, as stated by the director of the International Atomic Energy Agency (IAEA) on Friday.
read more... 28/04/2017
World wind power close to 500GW milestone
The report from Global Wind Energy Council (GWEC) stated that the end of 2016 marked the turning point for the wind energy. It is reaching almost 487GW and is being close to 800GW by the end of 2021.
read more... 27/04/2017
Poland signed the deal with U.S. for the first LNG deliveries to start in June
This week, Polish gas firm PGNiG signed with U.S. Cheniere Energy the deal to import the American LNG.
read more... 27/04/2017
Daily (27.04.2017): The German electricity spot price 8% down
Oil prices continued their sliding trend on Wednesday as data showed a growth in U.S. crude inventories, while record oil supplies in the rest of the world put doubt on OPEC's ability to reduce supplies and tighten the market.
read more... 27/04/2017
Polish Energa is reviving a project to build a 1 GW coal-fired power plant with big bank backing
Many Western banks are divesting from the coal industry, nevertheless, Polish Energa fossil fuel project is funded through banks and the European Investment Bank. The main scope for Poland is to protect 80,000 jobs in national coal mines. Public opinion in the West is against the use of polluting fossil fuels. Pressure is high, like in December 2015 when Paris Agreement on climate change was promoted by U.N., society pledges to quit coal.
read more... 27/04/2017