After the gas dispute between Ukraine and Russia last year which has left Bulgaria without gas for three weeks in the winter period, the European Council decided that every member state should have at least two sources of gas and electricity by 2014, in order to avoid repeating the Russian-Ukrainian gas crisis.
read more... 13/09/2012
Taner Yildiz, Turkish Minister for Energy, has said that Turkmenistan is likely to join Azerbaijan in supplying gas into the Trans-Anatolian Pipeline (TANAP) through Turkey to the EU border thus helping to reduce Europe’s reliance on Russian gas.
read more... 04/09/2012
The cabinet of German chancellor Angela Merkel approved a draft law that will accelerate the development of offshore wind parks in order to switch from nuclear energy to green energy.
read more... 30/08/2012
NUS Deutschland GmbH, the Duesseldorf-based German NUS division, produced the annual ranking of world power costs for industry. Costs were based on prices on June 1 for the supply of 1,000 kilowatt with 450 hours use per annum, typical of a sizeable industrial manufacturer. The prices excluded value added tax. The percentage change was calculated on dollar basis, using local currencies in order to eliminate currency movement distortion, and then expressed in euros.
read more... 21/08/2012
Belgium's government announced that the nuclear reactors Doel 1 and 2 will be closed in 2015 after 40 years of operation. However, the reactor Tihange 1, which will also celebrate its 40th anniversary in 2015, will prolong its life span by 2025 in order to avoid the risk of blackouts. The other four Belgian reactors are not immediately affected by the decisions, though they will reach 40 years in 2022 and 2025.
read more... 24/07/2012