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Bulgaria to switch off 40% of wind, solar power capacity
The Bulgarian authorities will switch off about 40% of its wind and solar power plants in order to equilibrate a power system in danger of instability following a considerable excess of capacity after a drop in consumption and exports.
read more... 03/05/2013
Poland is working on plans for its first nuclear power plant
Poland wants to reduce its dependence on highly polluting coal and expensive Russian gas imports, so it is working hard on its program for introducing nuclear power in its energy mix. At present it is highly dependent on coal, which provides around 90% of the country’s energy.
read more... 03/05/2013
EDF may erase hopes of new nuclear power plants in UK
The U.K. government is seeking to restore nuclear energy as part of a program to limit its carbon emissions and has been in talks with French state-controlled EDF, the world's largest nuclear operator, to build as many as four new reactors.
read more... 19/04/2013
How trading in the EU carbon market works
The ETS is the largest carbon market in the world, worth around $148 billion last year. It covers around 12,000 installations, such as factories and power plants in the 27-member European Union. Since Jan. 1 2012, the aviation sector was also included in the scheme. Around 85% of permits were given to airlines for free in 2012, but this free allocation will be reduced over the period 2013-2020. Many airlines have opposed inclusion in the scheme.
read more... 16/04/2013
Poland: PGE suspends the construction of $3.6 bln coal power plant
PGE, the Polish state biggest utility, has suspended its plans to build two new coal-fired power units worth $3.6 billion, citing weak demand and falling electricity prices.
read more... 08/04/2013