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Bulgaria starts the construction of its gas interconnector with Romania
After the gas dispute between Ukraine and Russia last year which has left Bulgaria without gas for three weeks in the winter period, the European Council decided that every member state should have at least two sources of gas and electricity by 2014, in order to avoid repeating the Russian-Ukrainian gas crisis.
read more... 13/09/2012
EDF Energies Nouvelles enters the Polish wind market
French renewable energy group EDF Energies Nouvelles entered the Polish market and made two acquisitions in Poland, thus continuing its international expansion.
read more... 13/09/2012
Nord Stream’s second line will be launched on October 8
The second line of the Nord Stream natural gas pipeline, which runs across the Baltic Sea connecting Russia’s North- West with Germany, will be commissioned by October 8, said in an interview in Sochi, the Russian President Vladimir Putin.
read more... 12/09/2012
Daily: Brent crude climbs for a fifth consecutive session ahead of German decision
Brent crude climbed for a fifth consecutive session on Wednesday, trading above $115 a barrel on investors’ cautious optimism that the German court would approve the legality of the euro zone’s bailout fund. The oil prices were also supported by the expectations that the U.S. Federal Reserve would unveil a third round of bond purchasing on Thursday.
read more... 12/09/2012
Italy’s solar power production exceeds its wind power production
According to recent data, Italy generates more electricity from solar power than from wind power and now its installed solar power per capita is five times bigger than in California. The move came as the Italian solar PV market expanded at a faster pace than the wind market.
read more... 12/09/2012