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French Total eyes to develop a LNG facility in Cyprus
The Cyprus government and the French energy giant Total signed an agreement envisaging the development of a liquefied natural gas (LNG) plant at Vasilikos, Limassol, in Cyprus, with the deal certainly boosting morale in Cyprus and optimism about the potential of natural gas to save the national economy.
read more... 14/11/2013
A world without carbon emissions: a dream or a reality?
According to a report published by the energy consultancy Ecofys and the Global Call for Climate Action, technological options existing today and in the near future could help to trim down emissions to zero for about 90% of present sources of GHG emissions. The report stated that it is technically and economically possible to phase out net greenhouse gas (GHG) emissions almost completely by 2050.
read more... 13/11/2013
Croatia inks a deal to establish power exchange
Croatia's energy market operator, HROTE, and the country's transmission system operator, HOPS, signed on 7 November 2013 an agreement on cooperation in establishing Croatia's power exchange.
read more... 12/11/2013
Shale gas to cut Poland’s CO2 emissions
The possibility offered by Poland’s shale gas reserves will allow the country to build upon its recent economic development, as well as to reshape its energy sector.
read more... 11/11/2013
RWE to lay off 2,500 jobs in Germany amid falling wholesale prices
RWE, the second largest utility in Germany, is envisaging cutting 2,500 jobs in its power generating business in Germany amid falling wholesale prices, while criticizing subsidies for renewable energy generation.
read more... 08/11/2013