Latest news
European Commission approves free greenhouse gas emissions permits in Bulgaria
The European Commission gave the green light on 4 December to Bulgaria’s plan to allocate €945 million worth of carbon emissions trading allowances free of charge to modernize the electricity sector, decision in line with EU state aid rules.
read more... 05/12/2013
Solar power in Europe is on the rise
With energy demand constantly rising, together with the need for new and clean energy sources, solar energy will without a doubt be an important part of the future energy mix. Solar panels, which are normally guaranteed to perform for as long as 25 years, producing green electricity without contributing to global warming.
read more... 02/12/2013
German coalition to reform the renewable energy law in 2014
German Chancellor Angela Merkel’s conservatives and the centre-left Social Democrats (SPD) concluded a coalition deal envisaging curbing the growth of renewables and reforming the current controversial renewable support scheme in order to limit the increase of electricity bills to consumers by next summer, giving big utilities more time to adapt their business models.
read more... 29/11/2013
UK: The Big Six energy firms increased their profits five fold
According to informations from Ofgem, UK’s energy regulator, the Big Six energy suppliers saw their profit margins in the supply of gas and electricity increase to 4.3% in 2012, in comparison to 2.8% a year before. The big six operators made £53 profit per household customer last year, compared to £30 in 2011.
read more... 26/11/2013
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. China 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... 25/11/2013