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France and Russia to strengthen nuclear cooperation

On 18 November, Russian and French leaders have inked a declaration on nuclear energy cooperation at a meeting of the Russian-French cooperation commission.

read more... 24/11/2011

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EU to cut down its fuel import bill by at least 50 billion Euros

The European Union is striving to reach its main two goals: to reduce carbon emissions by 20 percent and raise the share of renewable energy in the energy mix by 20 percent by 2020, target difficult to be fulfilled. So, the EU is likely to reduce its fuel import bill by 50 billion Euros per year, move that would create new jobs under a new “energy “ plan and open other benefits for the householders.

read more... 16/11/2011

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EU Energy community to benefit from the Third Energy Package

The European Union Third Energy Package was recently approved by the Ministerial Council of the Energy Community relative to the internal electricity and gas market, known also as TEP Decision. Now energy investors across South East Europe will have to act in accordance with this new decision. Following that, Energy Community contracting members have to transpose it into a national law by January 2015.

read more... 14/11/2011

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France likely to cut nuclear power by 2030

The French Electricity Union (UFE) announced on Monday, that by cutting the share of nuclear in French’s energy mix to 50 percent by 2030, down from three quarters at present, would account for 60 billion Euros. Also, the move could induce a significant increase in bills by about 33% for households and by 41 percent for businesses compared to 2010.

read more... 09/11/2011

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Russia to build two nuclear power plants in Bangladesh

Russia and Bangladesh signed an intergovernmental agreement on November 1st, involving the construction of the first nuclear power plant in the South Asian country.

read more... 03/11/2011

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