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UK unveils GBP 10 billion of financial guarantees for Hinkley Point nuclear reactor

The UK government has announced its initiative to encourage investment in nuclear power by offering 10 billion pounds (GBP) (15.2 billion US dollars, 11.6 billion euros) of financial guarantees to French generator EDF for the construction of a new nuclear plant at Hinkley Point.

read more... 02/07/2013

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UK menaced by blackouts of power within 2 years

According to the energy watchdog Ofgem the risk of power blackouts in UK has doubled in the last year, as the country is facing an energy crunch which will cause an increase of the energy bills. The supply crisis is the result of Britain forcing old coal and oil plants to shut down supporting projects of new green wind farms and nuclear plants.

read more... 01/07/2013

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Renewable energy to exceed nuclear and gas in the next year to come

The IEA has released its second annual Medium-Term Energy Market Report, according to which renewable sources will exceed natural gas as a power source and will be twice the contribution from nuclear energy globally by 2016, being second only to coal.

read more... 27/06/2013

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German coal-fired power plant projects

Following are details of the status of coal-fired power plant projects in Germany, a sector targeted by campaigners against climate-harming carbon emissions. The rapid expansion of green energy has also curbed progress for new fossil fuels-based plants, although they were expected to play a bigger role in the energy mix after Germany decided on a quicker-than-planned withdrawal from nuclear power. Coal is still Germany's most important generation fuel.

read more... 20/06/2013

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Global wind turbines could exceed the threshold of 300 GW this year

World installed wind power has all the chances to exceed 300 GW of capacity this year, the equivalent of 114 nuclear power plants, according to data provided by European Wind Energy Association (EWEA) and the Global Wind Energy Council.

read more... 17/06/2013

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