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Areva to build a new wind turbine factory in Scotland

French nuclear and renewables group Areva has signed a contract with the investment agency Scottish Enterprise to site one of the three new factories it is opening in Europe, in Scotland, the plant would manufacture turbines for use off the coast of the UK, each generating 5 megawatts of electricity, which could supply 6,000 homes per year and could create up to 750 jobs.

read more... 20/11/2012

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IEA: Renewable power to surpass coal by 2035

The International Energy Agency (IEA) has recently released a new report according to which the renewable energy will surpass coal, becoming the main generator of the world's electricity by 2035. It sees great potential for wind farms, solar farms and hydroelectric dams that become increasingly competitive with traditional energy sources, a level close by that of coal, said the Paris-based IEA agency that advises 28 nations on energy policy in its annual outlook.

read more... 13/11/2012

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UK’s electricity grid needs an investment of 1.6 billion pounds to switch to a smart grid

UK‘s electricity grid is facing the biggest challenge since 70 years and will need an investment of up to 1.6 billion pounds ($2.56 billion) to switch to renewable energy capacity, according to a report commissioned by the Energy Networks Association (ENA) on behalf of the Department for Energy and Climate Change (DECC) and the industry regulator Ofgem. The report comes amid growing concern over Britain’s future ability to meet electricity demand.

read more... 08/11/2012

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A hike in UK coal consumption may jeopardize the climate change targets

According to some data released by the Department of Energy and Climate Change, the rate of coal consumption in the UK thermal power generators remains at its highest levels since 2006, with the country thermal consumption at electricity generators up by 37% in comparison to the same period last year, up to 35.1 million metric tons.

read more... 29/10/2012

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British Gas announces energy price hikes

Today British Gas confirmed that it will augment gas and electricity prices by 6% starting from November.

read more... 12/10/2012

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