Latest news
Turkey could increase its share in TANAP project
Turkey has demanded to Azerbaijan to increase its share in Trans-Anatolian gas pipeline (TANAP), the head of Azerbaijan's state energy company SOCAR, Rovnag Abdullayev, said this week at a conference. Currently Turkey owns a 20% share in the project, while the rest of the shares belong to SOCAR of Azerbaijan.
read more... 12/12/2013
UK’s biggest biomass plant has opened
Britain’s largest coal-fired power station has begun its conversion to become Britain’s largest renewable electricity producer as well as one of Europe’s largest renewable electricity generators. The project will see the coal station turn to wood pellets for fuel rather than coal, a move which aims to slash carbon emissions by more than 80%. One of the generating units has been converted to biomass while the other two will be using biomass by 2016.
read more... 10/12/2013
EIB to finance Enel Green Power projects in Romania
The European Investment Bank (EIB) would lend to Enel Green Power 200 million euros to cover in some measure investments for some wind farms in the Banat and Dobrogea regions of Romania. The 15-year loan will partially cover investments in EGP’s wind power projects, and has a pre-repayment grace period of up to two and a half years.
read more... 09/12/2013
Hinkley Point deal uncertain, once again
The European Union is likely to open an official inquiry into whether the Hinkley Point nuclear deal breaks the EU rules on competition. Britain in October signed a deal with EDF to build a nuclear plant at Hinkley Point in southwest England and became the first European country to offer a guaranteed power price over 35 years for a new nuclear project. Britain has said it is confident it will get clearance, but a formal European Commission probe could take years, throwing uncertainty over the nation's plans.
read more... 03/12/2013
UK: RWE has stopped development on the Atlantic Array offshore wind project
RWE, one of the big six energy companies in the UK, has announced the cancellation of one of the world’s largest offshore wind farms due to political rows and policy uncertainty. The wind farm in the Bristol Channel Zone would have provided clean energy for almost 1 million hoseholds and provided thousands of jobs in the construction phase.
read more... 27/11/2013