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Chevron gets the green light to develop UK’s Alder field in North Sea

The oil major Chevron unveiled it has reached a final investment decision and got the green light from the U.K. government to proceed with the development of the Alder Field in the Central North Sea.

read more... 15/01/2014

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Italy intends to increase oil production

It is thought that Italy could hold Europe’s biggest onshore crude oil fields. The priority for Italy’s government is to re-launch an economy that’s shrunk and where more than 35 % of young people are unemployed.

read more... 13/01/2014

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Switzerland to close its Muehleberg nuclear plant by 2019

Following the March 2011 Fukushima nuclear disaster, the Swiss government has decided to phase out nuclear power as an energy source for electricity generation and to look more towards energy efficiency and renewables.

read more... 27/12/2013

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Scotland’s renewable electricity production has reached record-high levels

According to the figures published by the Department of Energy and Climate Change( DECC), last year, renewables met a record-breaking 40.3% of gross electricity consumption, increasing in comparison to 36.3% in 2011 and 24.1% in 2010, confirming the Scottish Government believes that it is on course for half of electricity use to come from renewable sources by 2015, an interim target ahead of the goal of having the sector generate the equivalent of 100% of the country's electricity needs by 2020.

read more... 24/12/2013

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UK makes public its final Electricity Market Reform plan

The Government has published its package of measures which are aimed at spurring £110 billion (EUR 131 billion) of investment in the energy market and would support 250,000 jobs by 2020. The Electricity Market Reform (EMR) Delivery Plan sets out DECC’s final decision on strike prices for Contracts for Difference (CfDs) for renewable technologies.

read more... 23/12/2013

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