Germany’s state investment bank, KfW, is purchasing a 20% stake in one of the country largest transmission system operators in order to block a Chinese company from acquiring the company. The reasons given are national security concerns, Bloomberg reports.
read more... 30/07/2018
President Moon Jae-in of South Korea and Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan attended yesterday an event to celebrate the accomplishment of construction of the United Arab Emirates' first nuclear power reactor.
read more... 28/03/2018
The European Commission has approved six electricity backup schemes to ensure security of supply in the event of blackouts.
read more... 08/02/2018
According to a new report from The University of Manchester, shale gas fracking is considered one of the least sustainable ways to produce electricity. Among the nine forms of power generation, fracking is ranked on the seventh place.
read more... 19/01/2018
Norway delivered a record seventy-five new offshore oil exploration leases to energy firms in the recent bidding round.
read more... 17/01/2018