Latest news
Areva to build a new wind turbine factory in Scotland
French nuclear and renewables group Areva has signed a contract with the investment agency Scottish Enterprise to site one of the three new factories it is opening in Europe, in Scotland, the plant would manufacture turbines for use off the coast of the UK, each generating 5 megawatts of electricity, which could supply 6,000 homes per year and could create up to 750 jobs.
read more... 20/11/2012
Centrica to abandon UK nuclear by focusing its expansion in the US
Centrica intends to concentrate investments in the U.S., if it decides to withdraw from new nuclear power stations in the UK. It considers the prospect of higher profit margins and huge opportunities in the shale gas boom. According to senior company sources, only a remarkable change in Government policy on subsidising nuclear power would create a business case for investment.
read more... 19/11/2012
Ukraine to import German gas from January 1
Energy and Coal Industry Minister of Ukraine, Yuriy Boyko announced on Friday that Ukraine will start to import natural gas from Germany from January 1, 2013. Germany's RWE would sell Ukraine gas and it would be shipped via pipelines through Hungary.
read more... 19/11/2012
DECC has revealed its first Energy Efficiency Strategy
The UK Department of Energy and Climate Change (DECC) has recently revealed that is going to be called the UK’s first national Energy Efficiency Strategy, which offers a wide ranging package for increasing energy efficiency across all sectors of the UK economy, and could reduce energy use by 11% by 2020, boosting the economy and the standard of living in the country.
read more... 14/11/2012
Daily: UK gas prices ease on lower consumption
Brent and U.S. crude oil futures rebounded on Thursday in a choppy trading, even if gains were slashed by concerns about Europe's economy and U.S. fiscal policy. Meanwhile, Brent December crude climbed 43 cents, or 0.40 percent, to settle at $107.25 a barrel and U.S. December crude increased 65 cents, or 0.77 percent, to settle at $85.09 a barrel, having traded from $84.22 to $85.70.
read more... 09/11/2012