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European Commission says EU carbon market needs deep reform

The EU carbon market must have clarity before the year-end on a short-term plan to revive a scheme that has lost its power to drive greener energy, European Commission representative said while outlining plans for much deeper reform.

read more... 15/11/2012

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Bulgaria to sign a gas supply contract with Gazprom

According to Gazprom CEO Alexei Miller, the final investment decision on the construction of the underwater section of the South Stream gas pipeline is to be taken by the middle of November while the construction is to start at the beginning of December.

read more... 15/11/2012

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German SolarWorld unveils massive Q3 losses amid industry gloom

German solar group SolarWorld announced significant losses in the first three quarters of 2012, compared to the previous year, under pressure from low-cost panel makers in China.

read more... 15/11/2012

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DECC has revealed its first Energy Efficiency Strategy

The UK Department of Energy and Climate Change (DECC) has recently revealed that is going to be called the UK’s first national Energy Efficiency Strategy, which offers a wide ranging package for increasing energy efficiency across all sectors of the UK economy, and could reduce energy use by 11% by 2020, boosting the economy and the standard of living in the country.

read more... 14/11/2012

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EDF has completed Europe’s biggest PV plant in France

EDF Energies Nouvelles has completed the Toul- Rosierès photovoltaic plant in the Meurthe-et-Moselle department of eastern France. The 115 MW plant comprises about 1.4 million thin film photovoltaic panels produced by U.S. manufacturer First Solar, and is likely to produce enough energy to heat the houses of about 55,000 people.

read more... 14/11/2012

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