Latest news
Germany's green energy surcharge will increase 18% in 2014
German network operators have announced that the surcharge added to German electricity bills to cover the cost of renewables is set to increase 18 % to a record high of 6.24 cents per kilowatt hour. The charge has more than quintupled in the last 4 years, while increasing German household power bills, which now are the third- highest in the European Union.
read more... 17/10/2013
Rotterdam LNG Hub gets heavy support from European Commission
The European Commission will grant a subsidy of €74 million ($99.9 million) for the development of the Dutch port as a hub for liquefied natural gas (LNG), acknowledged as a priority project for European transport infrastructure development.
read more... 17/10/2013
The Visegrad four leaders call on EU to support nuclear energy
At a press conference held on Monday, the V4 countries announced that they support nuclear energy use and expect the European Union to support Central Europe to enhance its nuclear energy capacity.
read more... 17/10/2013
Daily: Crude oil settles higher on upbeat U.S. budget deal outlook
Crude oil futures increased on Wednesday as Congress was on the way to close an 11th-hour deal to increase the government’s debt ceiling and avoid nonpayment.
read more... 17/10/2013
The solution to Europe’s high energy prices could be Russia or fracking
Chief executive of Italy’s Eni, Paolo Scaroni said at the Council on Foreign Relations in New York that Europe is facing dramatic energy costs and that there are two directions which could be a solution for Europe: fracking or increasing Russian imports.
read more... 16/10/2013