Latest news
German industry association calls for the abolition of FiT system after re-elections
German BDI industry association wants Chancellor Angela Merkel, after re-election, to abolish the feed in tariff system that made Germany the biggest renewable energy market in Europe.
read more... 25/09/2013
Dong Energy to quadruple its offshore wind capacity by 2020
Dong Energy is aiming to have installed 6.5GW of operating offshore wind capacity in north-west Europe by the end of the decade, with an intermediate target of 3.5GW by end-2016. Dong has publicly adopted an unprecedented target of reducing its offshore wind cost of energy to €100/MW by 2020. This would correspond to at least 47% less than Germany's current feed-in tariff for offshore wind generation, which is set at EUR 190/kWh. The new 2020 benchmark target for offshore wind is to quadruple installed offshore wind capacity from its currently 1.7GW to 6.5GW in 2020.
read more... 24/09/2013
French Total to quit Shtokman gas project
French oil giant Total is envisaging selling its 25 percent stake in the Shtokman Development AG to Russian energy major Gazprom, becoming the last partner to exit from the gas project in the Barents Sea.
read more... 24/09/2013
Vestas to build a 20 MW wind facility in northern France
Danish wind group Vestas has won 20MW turbine order from France-based green energy developer Eole-Res SA, a subsidiary of UK-based Renewable Energy Systems Ltd (RES). This order represents Vestas’ 15th from Eole-Res.
read more... 23/09/2013
Centrica cancels two £1.5bn gas storage plants on weak British economy
Centrica, the owner of British Gas, unveiled that it intends to shelve two huge gas projects, representing a major blow for Britain’s energy security plans.
read more... 23/09/2013