Latest news
UK nuclear power plants to pass a “stress test”
In the wake of German nuclear energy phase out, British nuclear power plants have to pass a “stress test” starting next month. European safety regulators have agreed on the assessment of all nuclear plants against risks caused by natural disasters starting June 1st.
read more... 03/06/2011
World’s largest wind farm to be completed in UK
Reef Subsea AS, an international cost-effective company providing subsea services for developers of oil & gas and renewable projects, announced it has signed a contract for completion of an offshore wind farm set in the Suffolk coast of the UK, Greater Gabbard, that will become the world’s largest offshore wind farm.
read more... 03/06/2011
Russian government to keep gas tax for independent producers
The Russian government decided to keep the mineral extraction tax on the independent gas producers unchanged in 2012, Finance Minister Alexei Kudrin said on Wednesday. According to him, the increase of the mineral extraction tax will affect the gas monopoly, Gazprom.
read more... 03/06/2011
Daily energy Overview, Thursday, June 02, 2011
U.S. and Brent crude futures continued to fall on Wednesday in post settlement trading following revealed API data that indicated an unexpected increase in American crude stockpiles last week. By 20:45 GMT, NYMEX crude for July delivery traded at 99.68 dollars a barrel, down 3.02 dollars, while ICE Brent for July delivery traded at 114.10 dollars a barrel, down 2.63 dollars.
read more... 02/06/2011
European PV capacity to exceed 21 GW in 2011
In 2011, the photovoltaic market is predicted to add more than 21 GW of new PV capacity, increasing by around 14% as compared to 2010. As shown in the latest report revealed by IMS Research, prices for electricity generated from solar farms will go down enough to boost demand for other renewable sectors, mainly in Germany.
read more... 02/06/2011