Latest news
Green energies will add a third to German’s bills by 2020
According to Vattenfall Europe chief, Tuomo Hatakka, German energy bills will increase up to 30% to 2020 as they must, ultimately, pay rising subsidies for renewables which are paid above market rates under the law while new transmission grids carrying the power from remote places to consumption centres will also need to be financed.
read more... 28/08/2012
UK: SSE customers to see their energy bills up 9%
SSE, UK energy utility, announced that from mid-October electricity and gas bills will increase by 9%, blaming higher energy network costs, regulation and higher commodity prices. Around half of the cost of SSE's energy bills is determined by wholesale levels.
read more... 24/08/2012
Germany will stop to subsidize new fossil fuel-fired power plants
The German government announced on Monday it will not continue to incentivize the construction of new fossil fuel-fired plants by contributing up to 15% of the investment costs.
read more... 22/08/2012
European countries to build a giant supergrid
In a move towards meeting the EU’s goal of reaching a 20% share of energy from renewable sources by 2020, last year, nine European countries agreed to build a power grid of high-voltage cables under the North Sea. It would be the first multinational grid designed to address the fluctuating nature of green power generation.
read more... 21/08/2012
IAEA: Nuclear energy will increase significantly in the years to come
Production of nuclear energy worldwide is expected to increase considerably in the years to come. Despite phase-out of nuclear energy of Germany and Japan following the nuclear disaster at Fukushima, China and the United States focus their attention on next- generation reactors.
read more... 20/08/2012