Latest news
China to suspend new nuclear power projects
China will put its nuclear power plans on hold, following months of debates after the Japanese nuclear disaster at the Fukushima power plant in March which reversed the whole world against nuclear energy.
read more... 16/06/2011
UK pledges for CO2 tax cut for industry
John Cridland, the head of Britain's largest business lobby, CBI has called on Tuesday for carbon tax exemptions for British oil and gas intensive businesses to encourage their ability to compete with companies overseas.
read more... 15/06/2011
Daily energy Overview, Wednesday, June 15, 2011
Crude oil futures increased on Tuesday supported by U.S. and Chinese economic data that diminished some worries about oil demand. ICE Brent crude for July delivery traded at 120.16 dollars a barrel, up 1.06 dollars, after a trading range from 118.56 to 120.75 dollars and registering the utmost level since May 4, when Brent crude closed the session at 121.19 dollars.
read more... 15/06/2011
Italy renewables boosted by fallout referendum
Shares of Italian renewable energy companies increased on June 13, immediately after the referendum in which Italians “said no” to nuclear energy. It means a collapse in accomplishing the governmental plan to generate 25% of its energy mix from nuclear power plants and 25% from renewables by the end of 2020.
read more... 15/06/2011
Italy to invest 140 million Euros in wind power in Egypt
Italgen Group, which already operates already in 22 countries around the world, will invest 140 million euros into the development of wind energy projects in Egypt that will be situated in Gabal El Zeit area and have a total capacity of 120 MW.
read more... 14/06/2011