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Spain announced 2.7 billion euro cuts in subsidies

Spain's government intends to cut subsidies for renewable-energy suppliers and increase electricity bills as part of widespread reforms to its energy policy. The government had announced a series of actions intended at reducing the country’s tariff deficit, which amount to more than 26 billion euro, and has been accumulated as a result of a discrepancy between generating costs and electricity prices for consumers for a long period.

read more... 16/07/2013

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France: EDF envisages a 5% increase in power tariffs in August

The French government has allowed French state-controlled power utility Electricite de France (EDF) to increase its electricity tariffs for residential consumers by 5% in August, and by the same share in August next year, citing recent increases of the company's production costs.

read more... 09/07/2013

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Nuclear Power in France

France has decided to launch a great nuclear program in 1973, when the quadrupling of the price of oil by OPEC nations was a shock for France because at that time, most of its electricity came from oil burning plants, this was the Middle East event that they refer to as the "oil shock."

read more... 04/07/2013

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Green energy situation in Italy

The renewable energy sector in Italy is one with the highest potential in Europe, being today a leading producer of electricity from renewable sources. The solar PV capacity has seen a great success, growing 3000% over the past three years. The wind market has also seen constant high levels of investment, with the number of installations increasing by almost 40% in 2012.

read more... 03/07/2013

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UK to pay offshore wind developers triple market electricity price

Under a subsidy program to boost renewable energy that by 2020, the UK is engaged to pay offshore wind developers triple the market price for electricity they generate at £155 per megawatt-hour, move that will cost consumers 7 .6 billion pounds ($11.6 billion) a year.

read more... 28/06/2013

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