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DECC: Investment in UK green energy sector reached almost £8bn in 2013

The investment in renewables in the UK hit record levels and is easily exceeding investment in shale gas and other forms of fossil fuels, according to a new report released by the Department of Energy and Climate Change (DECC).

read more... 18/07/2014

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Germany: 50Hertz alone will invest 400-500 million euros in power grid in 2014

German power grid operator 50Hertz intends to make an investment of 400-500 million euros this year to build transmission connections that will convey wind power from Germany's inaccessible regions to its industrial centers to sustain its move from fossil fuels to renewable energy.

read more... 09/07/2014

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Bulgaria on the point of nuclear agreement to reduce dependence on Russia

Bulgaria, one of five EU states that rely entirely on Russia for nuclear fuel, is ready to take a step towards increasing its suppliers when Westinghouse Electric Company purchases a stake in a state-controlled company building new atomic units.

read more... 07/07/2014

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Ukraine’s energy efficiency to be enhanced, U.S. bill

A bill proposed by U.S. Senator Edward Markey on Thursday aims to reduce Ukraine's fuel reliance on Russia by improving its heating infrastructure and renewing its Soviet-era natural gas drilling potentials.

read more... 06/06/2014

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China and Russia inked a $400 billion gas agreement

China and Russia signed a gas supply agreement of about $400 billion on Wednesday, securing the world's top energy consumer an important source of cleaner fuel and impelling a new market for Moscow since it risks losing European clients over the Ukraine crisis.

read more... 22/05/2014

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