Latest news
ABB and Eni signed a $40 million contract for export terminal on Ionian Sea
Switzerland-based power and automation technology group ABB has signed a contract with the Italian Energy Company Eni, to extend the export terminal of Eni's refinery in Taranto, located in the 'Mar Grande' bay on the Ionian Sea in southern Italy. The contract between ABB and the multinational Italian oil and gas company, is part of Eni’s strategy to improve its refinery infrastructure and ensure a connection with the onshore Tempa Rossa oil plant.
read more... 12/02/2013
European coal demand is set to fall by 2015
Europe's demand for imported coal may fall sharply as tougher environmental laws force power stations to close, with only eastern European countries likely to keep their plants running longer.
read more... 12/02/2013
Scotland to curb subsidies for biomass plants over 15MW
The Scottish government has decided to curb subsidies for biomass power plants that generate over 15MW of electricity as part of its Renewables Obligation (RO) scheme announced in October 2012 due to concerns that they will consume too much wood.
read more... 12/02/2013
2012 record year for new PV installations in Germany
The Federal Network Agency has recently published Germany’s photovoltaic installation data and the latest feed-in-tariff reduction figures for December and the whole last year. At the same time as December saw just 330 MW of new plants added, 2012 registered a new installation record, while FITs will decrease by 2.2% over the next three months.
read more... 06/02/2013
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