Latest news
UK still doubtful on what to do with its shale gas reserves
According to a new report by the Institute of Directors, shale gas could be the perfect solution for the UK and for all the north west region to enhance their economy.
read more... 22/05/2013
Daily: European spot power prices up on colder weather
Crude oil prices dropped on Tuesday dragged down by a significant decline in U.S. gasoline futures and as an industry report released by API indicated stronger fuel stockpiles in the world’s largest oil consumer. Brent crude oil futures for July delivery closed 89 cents lower at $103.91 per barrel, after having fluctuated above $105 and to a low of $103.51. U.S. June crude oil futures, which expired on Tuesday, ended the session 55 cents lower at $95.16 a barrel after trading between $95.50 and $96.97, while July contract ended 75 cents lower at $96.18 a barrel.
read more... 22/05/2013
Turkey is heavily investing in nuclear power
While many EU countries are intensively investing in renewables , Turkey is envisaging the construction of three new nuclear power plants. Turkey is currently looking at nuclear power as it aims to reduce its dependence on imported energy.
read more... 22/05/2013
EIB to provide 215 million euro loan for electricity and gas to Greece
The European Investment Bank (EIB) is providing two loans for a total amount of about 215 million euro having the objective to help increase energy security and support efficiency in Greece.
read more... 21/05/2013
WWEA 2012: 100 countries are using wind power
A report released by the World Wind Energy Association (WWEA) shows that global wind power is expected to reach a capacity of 500 GW by 2016 and about 1 million MW by 2020.
read more... 21/05/2013