Latest news
Cyprus: natural gas drilling is likely to continue despite Turkish threats
The Greek Cypriot government promised that extraction and drilling of natural gas offshore Cyprus will continue, even though Turkey has threatened to block these operations since it thinks the energy assets partly belong to Turkish Cypriots.
read more... 25/02/2014
Coal consumption keeps growing in China
China is dealing with a big air quality problem, so recently the Government has announced that they will reduce their coal consumption share from its current 67 percent to 65 percent by 2017. The country intends to convert coal in syntethic gas, but this will result in more carbon dioxide emissions released because converting coal to make synthetic gas and then combusting the gas to make electricity will double the amount of carbon dioxide emissions released in the atmosphere.
read more... 21/02/2014
Iberdrola to invest more abroad and less in Spain
Spanish Iberdrola, the world’s major wind power generator, has expressed its disapproval regarding the latest energy market reform announced by the Spanish government, declaring that the changes in the energy policy will discourage important investment. The company’s net earnings reduced 7% in 2013, as a result of Spanish regulatory modifications and fiscal measures.
read more... 20/02/2014
Germany to install only 2.8 GW of new PV capacity this year
According to a new report by EuPD Research this year Germany will install about 2.8GW of new PV capacity, with small PV installations under 10kWp becoming even more important for the German PV market, despite the government’s intention to cut considerably renewable energy incentives.
read more... 10/02/2014
Northern Ireland's first large-scale solar farm has obtained the go ahead
The largest solar farm in Northern Ireland has been given the go-ahead by the Government. The 27-acre solar farm located in Tullynaskeagh Road, Downpatrick will be connected to the nearby NIE sub-station and national grid, representing the first approval for such a large-scale solar farm in Northern Ireland. The solar project will have a total capacity of 5.1MW, capable of generating electricity to power more than 1,500 homes.
read more... 07/02/2014