Latest news
Poland will not apply taxes on shale gas production by 2020
After several foreign companies, as Exxon Mobil, Canada’s Talisman Energy and US oil firm Marathon, quit the Polish market in the past few months, the finance minister, Jacek Rostowski, has announced that Poland will not tax shale gas production until 2020 and will improve regulation, in a move which aims to attract energy explorers.
read more... 23/05/2013
Portugal’s power production from renewables at 70%
Redes Energeticas Nacionais, the operator of the country’s energy grid has recently announced that Portugal has reached a major landmark, about 70% of the country’s energy was supplied through renewable sources in the first quarter of 2013, which proves that Portugal has serious intentions to abandon fossil fuels.
read more... 22/05/2013
Turkey is heavily investing in nuclear power
While many EU countries are intensively investing in renewables , Turkey is envisaging the construction of three new nuclear power plants. Turkey is currently looking at nuclear power as it aims to reduce its dependence on imported energy.
read more... 22/05/2013
EIB to provide 215 million euro loan for electricity and gas to Greece
The European Investment Bank (EIB) is providing two loans for a total amount of about 215 million euro having the objective to help increase energy security and support efficiency in Greece.
read more... 21/05/2013
WWEA 2012: 100 countries are using wind power
A report released by the World Wind Energy Association (WWEA) shows that global wind power is expected to reach a capacity of 500 GW by 2016 and about 1 million MW by 2020.
read more... 21/05/2013