Latest news
Onshore wind farms cost declines by 38 per cent in four years
The cost of operating and maintaining wind farms has plummeted 38 per cent over four years, according to new reports released by the wind industry and government, meaning that the cost is declining by about 11% a year, quickly approaching the cost of running conventional natural gas and coal-fired power plants.
read more... 05/11/2012
Norway: Statoil to connect its onshore power to North Sea fields
Norwegian energy giant Statoil envisages connecting onshore power to some North Sea oil and gas fields by 2018, move which will cost 10 billion crowns ($1.75 billion) investment that could potentially slash its future tax bill.
read more... 02/11/2012
IEA: Power generation from renewable sources to increase by more than 40%
According to IEA, wind power will growth considerably in the years to come becoming the second major contributor to global renewable electricity generation after hydro at 16.7%. By 2017 wind power will grow by about 100TWh per year, up 15.6%. Onshore wind power will represent 90% of this increase, jumping from 230 GW to 460GW.
read more... 27/07/2012
Nord Stream pipeline is ready to become operational
The second underwater gas pipeline of Nord Stream has been successfully completed, ahead of the schedule. The 1,224 km offshore pipeline will join the onshore landing between Russia and Germany in August. This second line is expected to become operational in the last quarter of this year.
read more... 11/07/2012
UK’s Treasury to cut onshore wind farms subsidies by 25%
The UK’s government aid for onshore wind farms could be cut even further than previously scheduled, according to the Treasury.
read more... 04/06/2012