Latest news
Israel, Greece and Cyprus signed “historic deal” on electricity cooperation
Israel, Greece and Cyprus signed a memorandum of understanding (MoU) on 7 August in Nicosia on cooperation in the fields of energy and water.
read more... 12/08/2013
Sweden prefers renewables to nuclear
Recently Sweden's energy minister, Anna-Karin Hatt, has announced that the government will not subsidize new nuclear power plants, favoring renewable investments. Electricity production in Sweden is dominated by nuclear power and renewables, which currently make about equal contributions to energy production- about 40%.
read more... 07/08/2013
Enel investments in Spain’s energy sector at risk
Enel, Europe's second utility in terms of installed capacity, has announced recently that its future funds in Spain’s energy sector could be at risk unless the energy reform was revised. The Spanish government imposed a 7% levy on all incomes from power generation at the beginning of 2013, and approved a second wave of reforms in July.
read more... 05/08/2013
British Gas to offer “free electricity” on Saturdays to its customers
Energy firm British Gas is considering offering customers “free electricity” on Saturdays, encouraging in such a way more power use at weekends when industrial energy demand is much lower.
read more... 02/08/2013
UK: energy imports at their highest level in 2012
According to figures released by the government, UK’s energy imports reached record levels last year, increasing once more worries of possible blackouts in the future. The closure of old power plants, declining domestic reserves and low-emissions objectives all pose challenges to shift to low-cost sources of power.
read more... 29/07/2013