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European utilities gave up €6bn of modern gas-fired power plants in 2013
European utilities are progressively giving up on gas power generation and have shelved or closed more than 21 gigawatts (GW) of capacity last year, worth an estimated €6bn, according to a research showed on Friday, following the impact of weak coal prices and slowed economies.
read more... 17/01/2014
EMEA to lead natural gas processing capacity by 2017
A new report presented by GlobalData, Europe, the Middle East and Africa (EMEA) are likely to build the most new natural gas-processing capacity in the coming years, enhancing the overall region’s capacity by more than 10 trillion cubic feet by 2017, followed by the Americas and Asia-Pacific region. The region, combined with Iran and Saudi Arabia, will account for 43% of new capacity worldwide over the forecast period.
read more... 06/01/2014
Europe: Offshore wind sector doubles in 2013, but faces challenges
Over the past six months, a total of 277 offshore wind turbines have been connected in Europe, adding more than twice the capacity installed during the same period in 2012, according to the European Wind Energy Association (EWEA).
read more... 26/12/2013
Danish wind group Vestas secures service contract extension with ScottishPower Renewables
Vestas, the world leader in wind energy, has secured a two-year service agreement contract from ScottishPower Renewables for five wind power plants in Scotland. The plants would have a total capacity of 120MW and 162 of Vestas’s V47 and V52 wind turbines. The two-year contract extension includes an option for a third year.
read more... 26/12/2013
RWE won’t extend contracts with two coal-fired power plants
Yearly, this year, RWE announced it intends to mothball or to shutdown some of its gas and coal-fired power stations because of an increase in renewable energy. The company said a boom in solar energy meant many of its power stations were no longer profitable. A RWE spokesman said that a total of 3,100 megawatts of generating capacity will be taken off line, representing about 6% of RWE's total capacity.
read more... 24/12/2013