Centrica has announced that it intends to abandon plans to build new nuclear power stations in the UK because of the rising costs following changes to regulations after the Fukushima disaster in 2011. Centrica had been planning to build four plants with the French supplier EDF, but has now pulled out of the partnership.
read more... 05/02/2013
The consortium called Ada Enerji, led by French energy group GDF Suez and consisting of International Power and Mimag Enerji, has applied to Turkish energy regulator EPDK for a license to build a coal-fired power plant with capacity of 1,320 MW at the Mediterranean port of Ceyhan.
read more... 29/01/2013
The controversial referendum, which took place on Sunday in Bulgaria, on whether to build the nation’s second nuclear power plant, has been declared invalid because to a low voter turnout.
read more... 28/01/2013
The Chinese government has announced, on Wednesday, that China will aim to limit total annual primary energy consumption to 8% a year from 2010 to 2015, as it seeks to improve efficiency and to decrease emissions of greenhouse gases and pollution. It intends also to limit installations of new-coal fired power plants while improving the share of renewables.
read more... 24/01/2013
U.S. crude climbed more than 1 percent on Thursday being supported by reports indicating a decline in initial unemployed claims last week and an increase in housing which began in December and following worries about an attack by Islamist militants on an Algerian gas plant.
read more... 18/01/2013