Latest news
EDF Energies Nouvelles to acquire the wind energy portfolio of Séchilienne Sidec in France
EDF Energies Nouvelles (EDF EN) has bought the wind energy portfolio for a total of 56.5MW from the independent energy producer Séchilienne-Sidec. The deal is part of Sechilienne- Sidec’s drive to focus on biomass and solar power generation. The achievement is part of EDF's goal to further develop its business while consolidating its presence in France.
read more... 14/02/2013
EU: The 20% target of reducing emissions would be insufficient to prevent global warming
The EU is presently committed to reduce emissions 20% by 2020, but the European Commission President Jose Manual Barroso, declared this would be not enough to prevent dangerous levels of global warming. Barroso added that green growth is a path out of the five-year-old Eurozone crisis, saying that 4.8 million new jobs could be created if the EU meets its 2020 energy efficiency targets. Meanwhile, the EU has started talking about setting climate and energy targets for 2030.
read more... 13/02/2013
ABB and Eni signed a $40 million contract for export terminal on Ionian Sea
Switzerland-based power and automation technology group ABB has signed a contract with the Italian Energy Company Eni, to extend the export terminal of Eni's refinery in Taranto, located in the 'Mar Grande' bay on the Ionian Sea in southern Italy. The contract between ABB and the multinational Italian oil and gas company, is part of Eni’s strategy to improve its refinery infrastructure and ensure a connection with the onshore Tempa Rossa oil plant.
read more... 12/02/2013
UK: Ecotricity to build a 66MW wind farm in Lincolnshire
The green energy company Ecotricity has obtained the permission by the Department of Climate Change and the Environment (DECC) to build a 66 MW wind farm in northeast Lincolnshire in east-central England.
read more... 11/02/2013
Gazprom to cut prices for European customers in 2013
Gazprom, the world's biggest gas producer, has announced on Friday that it has set aside 3.5 billion euro for retroactive price concessions to major European customers in 2013. That comes as a reaction to the declining demand because of the Europe’s economic crisis, energy efficiency drives and competition from liquefied natural gas.
read more... 11/02/2013