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Cost factors dominate EU energy policy debate
Financial crisis has made the cost of energy the political focus in the European Union at the expense of goals to shift to a low-carbon economy. An EU summit on taxation and on energy on May 22 is expected to debate how to limit the negative impact of energy costs on EU competitiveness. Apart from seeking supplies that are competitive, the other watchwords for EU energy policy are sustainable and secure. Below are the main planks of the debate in Brussels.
read more... 28/05/2013
IEA warns Germany on costly clean energy transition
The International Energy Agency’s (IEA) executive director, Maria van der Hoeven recommended the Chancellor Angela Merkel’s government to curb electricity retail prices in Germany, otherwise the country’s shift to green power may be jeopardized.
read more... 27/05/2013
Slovakian government is considering introducing new tax on renewable energy sources
Slovak Prime Minister, Robert Fico has announced that Slovakian government is considering additional taxation of producers of electricity from renewable sources that gained the right to generous purchasing electricity prices in the past.
read more... 24/05/2013
EU energy sector in danger and requires urgently a reform
The EU energy sector needs support for innovation if they want to reduce energy costs. European power companies will have to develop new technologies, to approach more to consumers and expand newer business models and services. European leaders and the energy- industry chiefs have taken steps toward reviving energy-market reform and setting long-term targets for renewable energy.
read more... 24/05/2013
Is the Earth on the edge of a solar energy boom?
The solar energy comes from the Sun every day. The Earth receives an equivalent of 12.2 trillion watt-hours in solar energy every year, according to experts’ calculations. That's over 20,000 times more than the total energy all of humanity consumes each year.
read more... 23/05/2013