Latest news
Daily- UK gas hits one-month high on colder weather
Brent crude increased above $111 on Friday on steady demand expectations due to a list of positive indicators provided by U.S. showing an economic growth in the world's top oil consumer, following the U.S. Federal Reserve promises to keep interest rates low for 2014.
read more... 27/01/2012
Iberdrola invested EUR550 million to upgrade Spanish electricity grid
The Spanish utility Iberdrola invested EUR550 million in extending and improving electricity grid in Spain in 2011.
read more... 27/01/2012
UK Government loses solar subsidies court appeal
The UK government lost its appeal on Wednesday against a court's ruling that its cuts to solar power subsidies were illegal, suggesting thousands of homes and businesses will now be able to claim the higher payments.
read more... 27/01/2012
AWEA: U.S wind power installations increased by 31% in 2011
According the American Wind Energy Association (AWEA), the wind developers installed wind turbines with capacity of 6,810 megawatts in the U.S. last year, up 31 % compared to 2010. In the four quarter domestic wind installations hit 3,444 megawatts, surpassing the first three quarters combined, led by California, Illinois and Ohio, the fastest-growing state.
read more... 27/01/2012
FERC gives license for New York’s first tidal energy project
The first pilot license, for a 1 MW tidal energy project to be developed in the East Channel of New York’s East River, was issued by Federal Energy Regulatory Commission. The project was drafted by New York-based Verdant Power Inc. and will be built in three phases by installing up to 30 commercial class turbines with five fixed generator units to capture energy from tidal flow.
read more... 26/01/2012