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Germany’s “Energiewende” is not as successful as thought
Currently, Germany is in the process of completely transforming its energy sector at a pace unmatched by other industrialized nations. It describes the country's politically supervised shift in direction from nuclear and fossil fuels to renewable sources of energy. The very term "Energiewende" is some 30 years old, but nowadays, the term is primarily associated with a fundamental policy shift in the country after the 2011 nuclear plant disaster in Fukushima, Japan. In the wake of Fukushima, Berlin oversaw the immediate closure of eight nuclear plants in Germany, with the rest of the stations to be shut down by 2022.
read more... 02/01/2014
E.ON and RWE European power plant closures
E.ON and RWE have been stung by high prices of fuels such as gas, plummeting wholesale prices due to Europe's economic slowdown and policies supporting the expansion of renewable power, which erodes the need for conventional generation.
read more... 16/08/2013
UK: energy imports at their highest level in 2012
According to figures released by the government, UK’s energy imports reached record levels last year, increasing once more worries of possible blackouts in the future. The closure of old power plants, declining domestic reserves and low-emissions objectives all pose challenges to shift to low-cost sources of power.
read more... 29/07/2013
E.ON considers Europe plant closures
German utility E.ON presented the market with a table of European power stations under consideration for closure due to unprofitable generation margins. The list was published on the company's capital market day in slides for analysts.
read more... 06/02/2013
The UK may face power blackouts in the next three years
The UK energy regulator has warned that millions of British families are at risk of power blackouts within three years due to ageing coal and oil-fired power stations closure, which have been replaced with wind farms, but they are less reliable and can generate electricity only in the right weather conditions.
read more... 11/10/2012