Latest news
Coal power is set to increase in the next 4 years to come
In the next 4 years to come, coal power production is set to increase considerably as at the moment it is the most profitable source of energy in Europe. According to UBS AG, power producers from EON AG to RWE AG (RWE) will open six times more coal-burning plants than gas-fed units by 2015.
read more... 24/09/2012
Eastern Europe to spur shale gas revolution
Rising oil prices, high pollution levels and the global warming, a strong dependence on Russia’s gas supplies, have prompted Eastern European institutions to focus on switching from coal and oil to natural gas.
read more... 20/09/2012
EU’s carbon emissions drop 2.5% in 2011
According to European Environment Agency EEA, in 2011 European greenhouse gas emissions fell 2.5%, despite higher coal consumption. Renewable energy consumption continued to augment in 2011, which contributed to the given decline in emissions, but it was mostly due to a milder winter in the most parts of the EU which resulted in lower heating demand from households and reduced natural gas consumption.
read more... 07/09/2012
France to face a gap in power generating capacity
The grid operator Reseau de Transport d’Electricité (RTE) announced that in three years France will face a gap in power generating capacity due to the closure of two nuclear reactors and some fossil fuel power plants. In his report RTE added that power will be assured until 2015 when as much as 7.6 GW of coal and heating fuel-fired power plants may be turned-off.
read more... 06/09/2012
E.ON will not build new gas or coal plants in Western Europe
Germany’s largest utility announced its intent not to build new power capacity based on coal or gas in Western Europe at least until 2020 because the market seems to become oversupplied until the last remaining German nuclear reactors will be shut down permanently, while in Eastern and Southern Europe the situation is different.
read more... 29/08/2012