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The real cost of renewables versus nuclear and fossil energy
Last Friday, 10 CEO’s of large nuclear and fossil energy producers held a press conference in Brussels, asking European governments to stop subsidising renewable energy. Remarkably, Gerard Mestrallet CEO for GDF-Suez, was one of them. Strange, because in Belgium GDF-Suez is the largest beneficiary of renewable energy subsidies. Zero Emission Solutions, a study and consultancy agency for renewable energy, draws the attention to these CEO’s that today – at least in Belgium - nuclear and fossil energy production benefits from more governmental aid than renewable energy:
read more... 15/10/2013
EDF to build and operate nuclear reactors in UK
The U.K. government and Electricite de France SA are close to announcing a great deal that would see France's EDF Energy building the country's first new nuclear power station since 1995. The project could have a total cost of more than 22.4 billion dollars and would be built on the west coast of England.
read more... 14/10/2013
Daily: British wholesale gas boost on new gas year start
Brent crude dropped below$108 a barrel on Tuesday, trading near a 7-week low on the expectations for a U.S. government shutdown that could hurt oil demand, while investors also eyed easing tensions in U.S.-Iran nuclear negotiations. Brent crude for November declined by 38 cents to $107.99 a barrel by 02:55 GMT. Meanwhile, U.S. crude settled at $101.95, down 38 cents.
read more... 02/10/2013
Daily: Crude oil prices drop on Iran’s nuclear negotiations hopes
Crude oil prices slipped in choppy trading on Wednesday after a report showing that the Iranian foreign minister will start negotiations over Tehran's nuclear program, reviving hopes.
read more... 26/09/2013
Siemens proposes to Germany a new energy transition concept
Germany could save over €150bn by 2030, reducing in such a way the cost of its transition to renewable energy from nuclear power, according to a new study released by Siemens, Europe’s biggest engineering company.
read more... 20/09/2013