Latest news
Centrica profits drop since 2% of customers spread out
Centrica’s profits fell 2% in 2013, whereas profits at its residential supply division British Gas reduced by 6%, mainly because of intense political and media scrutiny on the energy sector in the UK, as stated by the company’s chief executive, Sam Laidlaw.
read more... 24/02/2014
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
Renewables and nuclear account for more than 50% of Europe’s energy capacity
According to a new report released by Eurostat this February 17, nuclear power and renewables represent more than 50% of Europe's energy capacity.
read more... 18/02/2014
Spain sets out new electricity bill structure to protect consumers
Spain’s Industry Ministry will use a new method to determine consumer power bills, giving up the old auction system, which last year, had a major impact on household electricity bills while a spike in the scheme led to huge cost increases.
read more... 13/02/2014
Fukushima to become 100% renewable powered by 2040
Fukushima’s prefecture, three years after the major earthquake which resulted in a nuclear disaster, has announced that they wish to be totally renewable powered by 2040. The idea is seen as a positive step to embrace renewable energy in Japan, where the national government remains pro-nuclear, despite a survey found that that 53 percent of Japanese people wanted to see nuclear power phased out gradually, while other 23% wanted it immediately done with.
read more... 06/02/2014