The Norwegian energy company Statkraft has decided to close two gas-fired power plants with a total capacity of 1,200 MW in Germany, just six years after they were commissioned, citing unprofitability reasons.
read more... 19/08/2013
The Allianz Capital Partners (ACP) has announced recently it has added to its portfolio three new wind farms, two in France for a total of 20 MW, and another one in southern Italy, in Puglia, for a total of more than 40 wind farms.
read more... 14/08/2013
Germany is likely to increase its carbon emissions by 1.5% in comparison to 2012 levels due to a major consumption of coal. Coal is the most polluting fossil fuel and is responsible for contributing to global warming. Following the opening of two new coal power stations in 2012, six more are expected to open this year, with a total capacity of 5800MW.
read more... 30/07/2013
According to figures from DECC, last year coal accounted 39% of the country's total generation registering a 10% increase in comparison to 2011 levels.
read more... 26/07/2013
Sound Oil plc, an independent oil and gas company, which activates mainly in Indonesia and Italy, has announced a new gas discovery at Nervesa well, in Italy’s Po Valley. A further announcement on total estimated quantities at the site will be made in the coming months, with possible production envisaged for 2015.
read more... 25/07/2013