Latest news
SunEdison closed debt financing agreement with UK on solar power projects
SunEdison, solar technology manufacturer based in US, declared that it has completed debt financing transaction with Deutsche Bank for the rebuilding of photovoltaic plants in the UK.
read more... 28/02/2014
UK high energy costs discourage manufacturers
Energy manufacturers in UK are very negative about high costs issue, according to a new study.
read more... 27/02/2014
North Sea oil production at a slower decline rate
Oil and gas production in the North Sea reduced in 2013 less than expected, attaining 1.43 million barrels per day, or an 8% drop, according to data published by Oil&Gas UK.
read more... 27/02/2014
Centrica profits drop since 2% of customers spread out
Centrica’s profits fell 2% in 2013, whereas profits at its residential supply division British Gas reduced by 6%, mainly because of intense political and media scrutiny on the energy sector in the UK, as stated by the company’s chief executive, Sam Laidlaw.
read more... 24/02/2014
EC’s legal action against UK over failure to meet its air pollution target
The European Commission has initiated legal procedures against the UK, which is now facing fines of approximately 300 million pounds a year since it has failed to meet by 2010 its objectives of cutting nitrogen dioxide levels, believed to cause premature death and affect children’s lungs. About 29,000 people per year are dying prematurely because of small particles in air pollution, which can cause cancer, heart attacks and respiratory disease.
read more... 21/02/2014