Latest news
Germany sets new solar power record in the first six months of 2012
The German Federal Network Agency announced that more than 4.3 GW were installed in the first six months of the year, while in the same period last year were installed only 1.71 GW. This change is due to the new feed-in tariff legislation which introduced in June new monthly tariff degressions.
read more... 09/08/2012
Poland’s major coal producer postponed new power plant project
The EU’s first hard coal producer, Kompania Weglowa, has delayed the construction of its coal-fired power plant in 2020, with two years of delay. The 1000 MW power plant will cost about 5 billion Zloty (1.5 Billion dollars), and will burn between 2.5 and 3.5 million tons per year of hard coal producing roughly 5-7 TWh per year.
read more... 09/08/2012
DECC slashes regulatory red tape for UK energy sector
The UK Department of Energy and Climate Change (DECC) has unveiled the scraping of 86 regulations and the improvement of 48 regulatory regimes in its efforts to cut red tape and bureaucracy.
read more... 09/08/2012
Bulgaria to build a new nuclear unit by 2022
Bulgarian government has decided to build a new unit at the nuclear power plant in the Danube town of Kozloduy, by installing a 1000 MW reactor, produced by Russian contractor Atomstroyexport, at the nuclear plant in Kozloduy.
read more... 08/08/2012
Daily: Brent crude above $111 on supplies concerns
Brent crude traded above $111 per barrel on Wednesday, below 12-week highs, backed by concerns over falling North Sea output and hopes for more stimulus measures.
read more... 08/08/2012