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Germany rejects EU plan for surcharge on industry for renewable energy

Germany has rejected as undesirable European Commission plans to make industrial companies producing their own electricity pay a levy to aid fund a transition to green energy, as indicated in an economy ministry paper.

read more... 18/02/2016

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Europe is missing 118 bln euros in funds for nuclear exit

Europe needs more than 118 billion euros ($132 billion) to dismantle its nuclear plants and manage nuclear waste storage, shows a European Commission working paper.

read more... 17/02/2016

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London to host Europe's largest floating solar system

Construction works have been launched for the largest floating solar project in Europe on Queen Elizabeth II reservoir in London, UK.

read more... 17/02/2016

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Iran’s oil industry commences a “new chapter” after 5-year-halt

Iran has exported its first crude oil shipment to Europe since international sanctions ended, raising worries that more supplies will be added to the worldwide glut.

read more... 15/02/2016

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Northern Powergrid receives £250 million loan from EIB to upgrade its infrastructure

The European Investment Bank (EIB) has agreed to provide GBP 250 million for investment over two years by Northern Powergrid to upgrade electricity distribution infrastructure and reinforce the electricity network.

read more... 15/02/2016

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