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Germany new wind power installation up 26% in the first half of 2012

According to some data released by BWE wind power group and VDMA Power Systems turbine makers group, Germany has added about 1000 MW of installed wind farm capacity in the first six months of the year. They expect that the capacity will jump to 2400 MW by the end of the year, the equivalent to the energy produced by two nuclear power plants.

read more... 02/08/2012

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U.S. imposes new tighter sanctions on Iran’s oil

Obama administration has unveiled new sanctions against foreign banks, as well as on firms that help Iran sell its oil, as Iran is refusing to answer international questions about its nuclear program.

read more... 02/08/2012

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Italy: Snam obtains a € 400 million loan for the construction of the 2 new gas pipelines

The European Investment Bank (EIB) and the Cassa depositi e prestiti (CDP) have approved today a loan agreement totaling up to 400 million euros for a 20-year term for Snam Spa, with a first tranche of 300 million, already approved by EIB, while a second tranche will be available by 2012.

read more... 02/08/2012

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EDF looks partners to share costs of new nuclear plants in the UK

EDF of France, the world’s largest supplier of atomic energy by kilowatt hours, is considering looking for more partners to share the financial costs of its project to build new nuclear plants in UK, following concerns that nuclear energy is getting more expensive.

read more... 01/08/2012

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Daily: Nordic power prices increase on drier weather

Brent crude traded below $105 per barrel on Wednesday, after declining to its lowest level in almost week on weaker official manufacturing data from China, while fading hopes for U.S. stimulus measures hold prices in a tight range.

read more... 01/08/2012

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