Latest news
German coalition to reform the renewable energy law in 2014
German Chancellor Angela Merkel’s conservatives and the centre-left Social Democrats (SPD) concluded a coalition deal envisaging curbing the growth of renewables and reforming the current controversial renewable support scheme in order to limit the increase of electricity bills to consumers by next summer, giving big utilities more time to adapt their business models.
read more... 29/11/2013
UK: The Big Six energy firms increased their profits five fold
According to informations from Ofgem, UK’s energy regulator, the Big Six energy suppliers saw their profit margins in the supply of gas and electricity increase to 4.3% in 2012, in comparison to 2.8% a year before. The big six operators made £53 profit per household customer last year, compared to £30 in 2011.
read more... 26/11/2013
Coal consumption keeps growing in China
China is dealing with a big air quality problem, so recently the Government has announced that they will reduce their coal consumption share from its current 67 percent to 65 percent by 2017. China intends to convert coal in syntethic gas, but this will result in more carbon dioxide emissions released because converting coal to make synthetic gas and then combusting the gas to make electricity will double the amount of carbon dioxide emissions released in the atmosphere.
read more... 25/11/2013
Ofgem: five of the six electricity distributors have to do more to cut costs for consumers
Energy regulator Ofgem has required to five of its six electricity distributors, including SSE and Scottish Power, to do more to cut costs for consumers. The six distribution companies presented their investment plans, but the only plan approved was those of Western Power Distribution’s( WPD), which customers will see a 11.30 pounds cut in their bills from April 2015.
read more... 22/11/2013
Sunny Spain receives 4.7% of electricity from solar in October 2013
Spain is known as one of the most advanced countries in the development of solar energy, and one of the European countries with the most hours of sunshine.
read more... 22/11/2013