Latest news
Czech PM desires more EU funding for energy security
The Czech Prime Minister, Bohuslav Sobotka, declared on Tuesday that more funding is needed from the European Union to projects increasing energy security of its member states by linking their energy networks in order to strengthen diversification of resources.
read more... 12/03/2014
German STEAG to receive funding for Romania wind farm
STEAG GmbH, one of Germany’s largest electricity producers, will get funds for 108 MW wind energy farm estimated at a cost of 200 million euro ($275.47 million), located in southeastern Romania, in the province of Dobrogea, as stated by the European Bank for Reconstruction and Development (EBRD) on Tuesday.
read more... 05/03/2014
UK to stop funding coal- fired power plants overseas
Ed Davey, Britain's energy secretary, has announced on Wednesday that the UK, as the US, would stop funding coal projects in developing countries. The objective is to cut greenhouse gas emissions and to encourage low-carbon development. The announcement was made at United Nations climate talks in Warsaw where the fossil fuels have been at the centre of a storm. About 90% of the Poland's electricity comes from coal, and the government has been resistant to EU calls to strengthen emissions reduction targets.
read more... 21/11/2013
Solar Energy: France to build an Institute for Excellence in Carbon-free Energy
French energy giants Total and EDF, alongside their public and private organizations have unified their efforts to create a French solar photovoltaic (PV) research and development (R&D) center near Paris, which will receive EUR 18.5 million (USD 25.5 million) in funding from the French National Research Agency (ANR).
read more... 31/10/2013
Daily: European spot power declines on weaker demand, German curve tumble
Brent crude oil futures increased to about $3 per barrel, ending with their biggest gain in more than a month on Thursday, on increasing hopes for a deal to prolong funding of the U.S. government and on worries about supplies from Libya and the Middle East.
read more... 11/10/2013