Latest news
Enel Green Power has completed a new wind farm in Romania
Italian renewables giant Enel Green Power (EGP) has fully grid-connected the new Moldova Noua wind farm in the Banat, Romania. The fully operational plant includes 21 wind turbines with a total installed capacity of 48MW, and will be able to generate some 130 million kilowatt hours, therefore avoiding the emission of over 70 thousand tons of CO2 into the atmosphere.
read more... 30/08/2012
E.ON will not build new gas or coal plants in Western Europe
Germany’s largest utility announced its intent not to build new power capacity based on coal or gas in Western Europe at least until 2020 because the market seems to become oversupplied until the last remaining German nuclear reactors will be shut down permanently, while in Eastern and Southern Europe the situation is different.
read more... 29/08/2012
Russia’s Novatek signed long-term gas contract with Germany’s E.On
Russia's largest independent gas producer Novatek announced it has signed a $22.04 billion contract with E.ON Russia to supply gas to the German company’s power plants in Russia until the end of 2027.
read more... 28/08/2012
Germany will stop to subsidize new fossil fuel-fired power plants
The German government announced on Monday it will not continue to incentivize the construction of new fossil fuel-fired plants by contributing up to 15% of the investment costs.
read more... 22/08/2012
Coal consumption in Germany is steadily increasing
Following the decision of the German Chancellor Angela Merkel to phase out nuclear energy and switch to cleaner energy generation, coal consumption has been steadily increasing. A 2,200 MW lignite-fired power plant, near Cologne, started its activity last week as part of the country’s energy policy.
read more... 20/08/2012