Latest news
EDF to boost its stake in Edison
The French electricity company EDF has inked a deal with Italian shareholders that will give it majority control in Edison, Italy’s second-biggest power supplier. Edison, which has a market value of about 4 billion euros (5.2 billion U.S. dollars), is now controlled by EDF and a group of Italian investors led by regional utility A2A, which hold their stakes through holding company Delmi. EDF unveiled in a statement that the preliminary agreement included the acquisition of Edison by EDF and the acquisition of Edipower by A2A.
read more... 30/12/2011
Solar paint could be the future power of every home
Someday, bringing the solar power to our homes could be easier and cheaper by applying a coat of paint instead of having to install voluminous and expensive solar panels to the roof.
read more... 29/12/2011
Daily - Brent above $107 a barrel as dollar weighs
Brent crude futures steadied above $107 a barrel on Thursday amid stronger dollar and growing U.S. crude stocks, overshadowing Iranian threat to halt a crucially important oil trade route.
read more... 29/12/2011
Major natural gas discovery in Cyprus
Cyprus has announced a major gas discovery, estimated between 5-8 trillion cubic feet (140-230 billion cubic meters), which is a significant quantity for the small island.
read more... 29/12/2011
European Union to decarbonize its energy infrastructure by 2050
In the recently released “2050 Energy Roadmap”, the European Union is illustrating a number of different scenarios including the ways it can decarbonize its energy infrastructure to reduce its carbon emissions 85% by 2050. The European Commission set 80% as the minimum reduction target for 2050, from 1990 levels.
read more... 29/12/2011