The largest coal company in the world, Coal India, has announced it intends to invest in solar power aiming to reduce energy bills and to cut costs. The company, which is responsible for more than 80 % of coal production in India, intends to install a 2MW plant at its Sampalbur coal plant in Odisha. The plant will have the potential to be scaled up to provide excess electricity to the grid.
read more... 10/06/2013
Germany could save over €150bn by 2030, reducing in such a way the cost of its transition to renewable energy from nuclear power, according to a new study released by Siemens, Europe’s biggest engineering company.
read more... 10/06/2013
Yesterday the Italian energy agency Gestore dei Servizi Energetici (GSE) has announced that the financial limit of 6.7 billion euro of the Italian V Conto Energia PV incentive programs has been reached.
read more... 07/06/2013
Brent crude oil futures dropped below $103 a barrel on Thursday following persistent concerns that the U.S. Federal Reserve will roll back its stimulus, while an unexpected drop in U.S. crude stockpiles helped to curb the slide. Meanwhile, Brent eased 9 cents to $102.95 a barrel by 03:44 GMT, slipping for a second consecutive day. U.S. oil rose 10 cents to $93.84, after ending 43 cents higher.
read more... 07/06/2013
France remains committed to its moratorium on shale gas exploration using fracking, according to a declaration made by French Minister of Ecology, Sustainable Development, and Energy Delphine Batho during a debate, aired on both radio RMC and BFM TV with Laurence Parisot, head of the French business association MEDEF.
read more... 07/06/2013