Latest news
EU to cut down its fuel import bill by at least 50 billion Euros
The European Union is striving to reach its main two goals: to reduce carbon emissions by 20 percent and raise the share of renewable energy in the energy mix by 20 percent by 2020, target difficult to be fulfilled. So, the EU is likely to reduce its fuel import bill by 50 billion Euros per year, move that would create new jobs under a new “energy “ plan and open other benefits for the householders.
read more... 16/11/2011
EU Energy community to benefit from the Third Energy Package
The European Union Third Energy Package was recently approved by the Ministerial Council of the Energy Community relative to the internal electricity and gas market, known also as TEP Decision. Now energy investors across South East Europe will have to act in accordance with this new decision. Following that, Energy Community contracting members have to transpose it into a national law by January 2015.
read more... 14/11/2011
France likely to cut nuclear power by 2030
The French Electricity Union (UFE) announced on Monday, that by cutting the share of nuclear in French’s energy mix to 50 percent by 2030, down from three quarters at present, would account for 60 billion Euros. Also, the move could induce a significant increase in bills by about 33% for households and by 41 percent for businesses compared to 2010.
read more... 09/11/2011
Russia to build two nuclear power plants in Bangladesh
Russia and Bangladesh signed an intergovernmental agreement on November 1st, involving the construction of the first nuclear power plant in the South Asian country.
read more... 03/11/2011
Belgium to completely phase out from nuclear by 2025
Belgium seems to be the latest country from the EU to phase out nuclear power, after the political parties have reached a conditional agreement to close the country’s two remaining nuclear power plants.
read more... 02/11/2011