Latest news
UK: a new record for REpower
A few days ago REpower announced its new record, the company has inked contracts with an overall capacity of more than 1 GW in the UK, which will add about 66 MW to REpower UK’s portfolio.
read more... 31/07/2012
GT ENERGY to build the UK’s largest geothermal heating project
The developer GT Energy has unveiled its plans to build the largest geothermal heating project in UK. The project will tap into the Cheshire Basin, which holds the largest geothermal resources in UK, located beneath Manchester. The 10 MW plant using two 3,000m wells drilled in the city’s Ardwick district will provide heating needs to approximately 7 million homes. Moreover, the project will help creating new jobs in the region and sustaining the expansion of a low carbon economic zone.
read more... 30/07/2012
DECC: UK renewable electricity production up 33% in 2011
The UK’s electricity production from renewable sources jumped by 33% in 2011, mainly due to a hike in solar photovoltaic capacity increasing by 12 times, a trebling of biomass capacity, and a 37% jump in offshore wind capacity, according to a recent report released by the Department of Energy & Climate Change (DECC).
read more... 30/07/2012
Centrica to invest £1.4billion in UK gas project
Centrica announced it will continue investing £1.4 billion in the Cygnus gas project, one of the North Sea’s biggest discoveries. The company said it would spend the money on its Cygnus gas field in -partnership with GDF Suez of France, creating up to 4,000 new jobs, and adding £ 600 million in tax revenues for the public purse.
read more... 27/07/2012
Daily: UK gas declines on weak demand outlook
Brent crude declined below $104 per barrel on Thursday following investors concerns about fuel demand after a set of pessimistic economic data, even if losses were offset by hope for more U.S. stimulus measures to support growth.
read more... 26/07/2012