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Britain: conservatives’ promise to eliminate onshore wind farm subsidies

The Conservative party in Britain promised to eliminate government subsidies for onshore wind farms in case it will be the winner of the national election next year, raising insecurity concerns for investors in renewable energy.

read more... 25/04/2014

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Britain: about 33 billion pounds might be injected by shale gas explorers

The expansion of shale gas in Britain could generate over 64,000 jobs and offer local businesses a capital injection of 33-billion-pound ($55.37 billion), as stated in an Ernst & Young report commissioned by the UK Onshore Operators Group.

read more... 24/04/2014

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EDF: gas plant and wind farm officially opened in Britain

EDF had inaugurated its West Burton combined cycle gas turbine power station and its Teesside offshore wind farm in Britain, according to company’s declaration.

read more... 17/04/2014

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European power markets register the first growth since 2010

The power trading volumes on the European wholesale market increased last year for the first time in three years but were nevertheless below 80 percent of their maximum level registered in 2010, according to a report presented by the research firm Prospex, which investigated the markets growth in several countries, such as Germany, the Nordic region, Britain, Italy, Spain, France and the Netherlands.

read more... 16/04/2014

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Centrica’s British Gas has to pay $9.4 million

Centrica's British Gas, the focus of an anti-trust examination next to Britain's other big energy companies, will pay approximately 5.6 million pounds ($9.4 million) to fix past errors which had stopped business clients from changing suppliers in the period between 2007 and 2012, as declared on Thursday by Energy watchdog Ofgem.

read more... 11/04/2014

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