British solar power could survive without subsidies by the end of the decade, according to a report published by Berlin-based think tank Thema1 and supported by a coalition of European companies.
read more... 05/12/2014
French power utility EDF must be obliged to double the share of nuclear electricity production it vends to competitors from a quarter to up to half so as to raise competition, as stated by GDF Suez's chief executive on Thursday.
read more... 05/12/2014
Crude oil prices increased by 5 percent on Monday, recovering from five-year lows, posting the largest daily gain since 2012, spurred by fears that the robust U.S. shale output criticized for the global oil oversupply is expected to shrink. Benchmark Brent crude oil rose by $2.39 to settle at $72.54 a barrel, after recording a session peak at $72.73. U.S. crude boosted $2.85 to close at $69 a barrel, after firstly plummeting to a five-year bottom at $63.72.
read more... 02/12/2014
Swedish power group Vattenfall, will give up its plans to build new nuclear power reactors because of a new government, including Green Party, which is not supporting them, setting up an energy commission tasked with achieving a 100% renewable electricity system.
read more... 01/12/2014
Renewable energy in Scotland from wind farms, hydro power plants and other green sources has exceeded nuclear, becoming the top source of electricity in the nation in the first months of 2014, according to figures from the Department of Energy and Climate Change (DECC).
read more... 01/12/2014