Latest news
Grid operators to build a power interconnector between Norway and UK
UK’s National Grid signed a deal with Norwegian group Statnett to develop the world’s longest subsea power cable (700 km), called the North Sea Network by 2020.
read more... 26/06/2012
Japan gives green light for feed-in-tariff scheme
Japan’s Ministry of Industry approved the introduction of feed-in-tariffs for renewable energy on 18 June, as the country shifts towards green energy in the wake of last year’s Fukushima nuclear disaster.
read more... 26/06/2012
Eni to develop shale gas in Ukraine
Italian energy major Eni has signed a deal with Ukraine’s state owned Nadra Ukrayny and UK Cadogan Petroleum to purchase a 50.1% stake in WestGasInvest, the holder of nine shale gas license areas in Lviv Basin, covering about 3800 square kilometres.
read more... 19/06/2012
Daily: UK gas traded higher on Norway imports decline
Brent crude oil prices touched a one-week high above $99 a barrel on Monday after Greek pro-bailout political parties won enough seats to form a joint government, but prices have rapidly came off peaks installed as focus returned to other European countries hit by the debt crisis, as Spain and Italy.
read more... 18/06/2012
UK offshore wind power to become viable by 2020
The costs of offshore wind power generation in the UK could decline 30% by 2020, making this type of renewable energy commercially viable, according to new reports released by wind industry and government.
read more... 15/06/2012