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Asian smart grid to reach 19 billion dollars by 2016

According to GTM Research’s latest market report, the Smart Grid in Asia, 2012-2016, Asian electricity market is likely to build a smart grid market forecasted to reach 19 billion dollars value by 2016. The report appoints also the main strategies for the development of it and determines the companies that “suit” the best. Among these are identified ABB, BPL, Siemens, Holley Metering, etc.

read more... 14/05/2012

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Construction of Nabucco pipeline may be completed by 2018

Construction of the Nabucco natural gas pipeline to transport gas from the Caspian region to Europe may start in 2015 and could be completed by 2018, said OMV, one of the Nabucco operators at the annual shareholder meeting.

read more... 14/05/2012

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Saudi Arabia to become a major solar market

Saudi Arabia, as the largest oil producer, is planning to place more focus on renewable energy generation in order to curb its oil consumption.

read more... 14/05/2012

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Centrica: wholesale gas cost could rise by 15% next winter

Millions of households in the UK could face higher energy bills next winter after Centrica, the owner of British Gas said that the gas costs could rise by 15%, while other costs would add another £50 to the cost of supplying energy to the average home probably by the end of the summer.

read more... 11/05/2012

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France solar PV capacity hits 3000 MW

The French solar PV capacity settled in March 3000 MW, with over 2,672 MW in mainland France and 39 MW installed in Corsica and overseas, while the whole installed capacity increased by 15 percent in metropolitan France this semester.

read more... 11/05/2012

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