Latest news
UK’s electricity grid needs an investment of 1.6 billion pounds to switch to a smart grid
UK‘s electricity grid is facing the biggest challenge since 70 years and will need an investment of up to 1.6 billion pounds ($2.56 billion) to switch to renewable energy capacity, according to a report commissioned by the Energy Networks Association (ENA) on behalf of the Department for Energy and Climate Change (DECC) and the industry regulator Ofgem. The report comes amid growing concern over Britain’s future ability to meet electricity demand.
read more... 08/11/2012
UK solar installations reached 1.3 GW due to drastic cuts in FiT
The Department of Energy and Climate Change has released new figures according to which a total capacity of 1.3 GW of solar installations was installed nationally at the end of September 2012. The severe cuts in feed-in tariffs for solar power in the UK reduced installations by almost 60 % in April, leaving the government far behind from its goal of 22 GW of PV by 2020.
read more... 26/10/2012
IEA: has predicted in-creased prospect in the coming five years.
According to a new report of IEA(Medium-Term Gas Market Report 2012 ) China will become the third largest gas importer behind Europe and Asia Oceania. While the U.S. will continue to take advantage from the lower prices of unconventional gas revolution.
read more... 12/06/2012
Bulgaria and Azerbaijan to ink a deal on gas cooperation
Bulgaria’s state energy holding BEH and Azerbaijan’s national gas company SOCAR closed a deal under which Bulgaria could become the first EU member country which will receive gas from Azerbaijan.
read more... 30/04/2012
British Gas rejects the Big Switch Scheme
The energy giant, British Gas has said that it would not take part in so-called Big Switch scheme which is aimed to help consumers negotiate better tariffs on gas and electricity bills. This campaign was proposed by consumer group Which? and aims to sign up as many households as possible and then attempt to negotiate cheaper energy tariffs from major suppliers on their behalf.
read more... 04/04/2012