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European interconnected offshore grid to be built

The released report “Offshore Electricity Grid Infrastructure in Europe” shows that billions of Euros could be saved by building a new offshore electricity grid in Europe that will connect North and Baltic Sea wind farms and provide cheaper electricity to consumers.

read more... 11/10/2011

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EU Adopted New Rigorous Law on Wholesale Energy Trading

The European Council has approved on Monday new rigorous rules on wholesale energy trading aimed to avoid use of insider’s information and market abuse which commonly distort wholesale energy prices and affect energy market integrity and transparency.

read more... 11/10/2011

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EU carbon emissions at 20- year high

According to the early estimates by the European Environment Agency, the EU carbon emissions are likely to register their highest level from the past 20 years.

read more... 11/10/2011

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Czech Republic considerably reliant on nuclear power

The government of the Czech Republic is planning to expand its atomic power at the Temelin nuclear plant, near the Austrian border and at the Dukovany plant and is also planning on building a new string of nuclear plants over the coming decades at three different locations.

read more... 11/10/2011

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Daily –oil up on higher than expected jobs data

Crude oil futures increased on Friday, supported by higher than expected jobs data in the USA that diminished recession worries.

read more... 10/10/2011

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