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
The UK government has announced a series of investments by oil and gas companies that will develop a new research centre and will create thousands of jobs all over the UK. Six separate announcements include plans for new oil and gas fields in the North Sea in a £1.4 billion project which is supposed to supply around 5% of the UK's gas production from 2015. Each announcement represents a different project that is to be built.
read more... 10/08/2012
The EU’s first hard coal producer, Kompania Weglowa, has delayed the construction of its coal-fired power plant in 2020, with two years of delay. The 1000 MW power plant will cost about 5 billion Zloty (1.5 Billion dollars), and will burn between 2.5 and 3.5 million tons per year of hard coal producing roughly 5-7 TWh per year.
read more... 09/08/2012
SPI Solar, which is a vertically integrated photovoltaic solar developer offering its own brand of high-quality, low-cost distributed generation and utility-scale solar energy facility development services, has announced that the construction of two major solar energy facility projects in Greece has been completed.
read more... 08/08/2012
The British government will invest 100 million pounds with Equitix and Sustainable Development Capital, two specialist investment houses that will aim to encourage investment into Britain’s energy efficiency.
read more... 07/08/2012