SSE, UK energy utility, announced that from mid-October electricity and gas bills will increase by 9%, blaming higher energy network costs, regulation and higher commodity prices. Around half of the cost of SSE's energy bills is determined by wholesale levels.
read more... 24/08/2012
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
In a move towards meeting the EU’s goal of reaching a 20% share of energy from renewable sources by 2020, last year, nine European countries agreed to build a power grid of high-voltage cables under the North Sea. It would be the first multinational grid designed to address the fluctuating nature of green power generation.
read more... 21/08/2012
Production of nuclear energy worldwide is expected to increase considerably in the years to come. Despite phase-out of nuclear energy of Germany and Japan following the nuclear disaster at Fukushima, China and the United States focus their attention on next- generation reactors.
read more... 20/08/2012
The European Commission has approved the construction and operation of the new nuclear power plant at Hinkley Point in Sommerset, South England, has announced EDF Energy. Last month the commission presented its judgment to the UK Government, coming to the conclusion that the proposed project of the nuclear power plant at Hinkley Point accomplishes the purposes of the Euratom Treaty by contributing to develop a sustainable national energy mix.
read more... 10/08/2012