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Centrica: Gas consumption has increased significantly in the first months of 2013

British Gas's owner, Centrica, announced that gas consumption in the first four month of 2013 increased by 18% in comparison to the same period last year, due to the cold weather, while the company saw a huge boost in profits.

read more... 16/05/2013

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Spain’s shale gas reserves

Spain is the fifth largest energy consumer in Europe and has practically no domestic production of liquid fuels or natural gas. It has made significant progress in diversifying into renewable energy but, this only accounts for about 9% of its gross inland consumption. A quarter of consumption is fuelled by natural gas and half by petroleum, both of which Spain has to import.

read more... 10/05/2013

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Bulgaria to switch off 40% of wind, solar power capacity

The Bulgarian authorities will switch off about 40% of its wind and solar power plants in order to equilibrate a power system in danger of instability following a considerable excess of capacity after a drop in consumption and exports.

read more... 03/05/2013

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Portugal: 70% of power consumption came from renewables in first quarter

About 70% of Portugal’s electricity requires came from renewable sources in the first quarter of 2013, according to the Portuguese grid operator Redes Energeticas Nacionais (REN). The new record could be due to the combination of favorable weather conditions and the country's investment in wind and hydro-electricity capacity.

read more... 12/04/2013

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Bulgaria to slash electricity production amid weak demand and exports

Bulgarian electricity grid operator ESO ordered producers on April 4 to reduce power generation capacity as a measure to prevent the crippled system from overheating amid sharply dropping consumption and exports and to keep a balance between production and demand.

read more... 09/04/2013

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