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18 EU member states vote against moves to impose duties on Chinese solar panels
Yesterday, a majority of EU nations voted against the imposition of duties on Chinese solar panels. The duties were proposed by EU trade commissioner Karel De Gucht in response to supposed "dumping" of solar panels by China, selling at below cost. The Commission is due to take a decision on 5 June.
read more... 29/05/2013
The future of nuclear in UK: To be or not to be?
Currently the UK has 16 reactors generating on average about 19% of its electricity and all but one of these will be retired by 2023. The exception is Sizewell B, the UK’s only pressurized water reactor (PWR), which began operations in 1995. The country has a number of reactors which are currently reaching the end of their working life, and it is now unclear how they will be replaced.
read more... 29/05/2013
GDF Suez-the new stakeholder in Nabucco West
The French energy giant GDF Suez is the new stakeholder in Nabucco Gas Pipeline International consortium, after having bought a 9 percent stake in the project.
read more... 29/05/2013
Daily: Crude oil increases over $1 on strong equities, Middle East tension
Brent crude oil increased by more than $1 on Tuesday, encouraged by U.S optimism and signs of easier monetary policy from central banks which stimulated stock markets, while the intensification of tension in Middle East also contributed to oil support.
read more... 29/05/2013
UK to reject a new EU target on renewable energy
The UK government will reject the EU’s attempts to set a new renewable energy target within the EU perimeter, considering it as “inflexible and unnecessary”.
read more... 28/05/2013