Latest news
Statoil to develop Norwegian oil field
Statoil has announced that together with its partners they have agreed on a concept for the expansion of the Johan Sverdrup field, one of the five biggest discoveries ever made offshore Norway, estimating a first phase investment of up to NOK120bn ($19.6bn).
read more... 20/02/2014
EBRD is financing a new wind farm project in Poland
The European Bank for Reconstruction and Development (EBRD) is financing the construction and operation of phase 1 of a new wind farm project in Orla, eastern Poland. The EBRD supports the 37.5MW wind farm project with an investment loan of up to 22 million euros.
read more... 12/02/2014
Chevron gets the green light to develop UK’s Alder field in North Sea
The oil major Chevron unveiled it has reached a final investment decision and got the green light from the U.K. government to proceed with the development of the Alder Field in the Central North Sea.
read more... 15/01/2014
Switzerland: solar power generation increased considerably last year
In line with the current trend in Europe, Switzerland is likely to face an electric power shortage, except there is significant investment in new generating facilities over the next 15-20 years. Traditionally, Switzerland's longest-serving and most important source of renewable energy has been hydropower, but now, “new" renewable energy sources play an ever more significant position in Switzerland’s energy mix.
read more... 14/01/2014
UK makes public its final Electricity Market Reform plan
The Government has published its package of measures which are aimed at spurring £110 billion (EUR 131 billion) of investment in the energy market and would support 250,000 jobs by 2020. The Electricity Market Reform (EMR) Delivery Plan sets out DECC’s final decision on strike prices for Contracts for Difference (CfDs) for renewable technologies.
read more... 23/12/2013