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UK: RWE has stopped development on the Atlantic Array offshore wind project

RWE, one of the big six energy companies in the UK, has announced the cancellation of one of the world’s largest offshore wind farms due to political rows and policy uncertainty. The wind farm in the Bristol Channel Zone would have provided clean energy for almost 1 million hoseholds and provided thousands of jobs in the construction phase.

read more... 27/11/2013

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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

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CO2 emissions at their highest level ever in 2012

According to a new research made by Global Carbon Project, a group of international scientists from the UK, Norway and Germany, global greenhouse gas emissions from burning fossil fuels reached the highest levels in human history last year and are likely to grow even further this year.

read more... 25/11/2013

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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

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Ukraine and Slovakia on the verge to sign a milestone gas deal

Gas pipeline operators in Ukraine and Slovakia are on the way of striking a deal which will allow the European Union to ship gas through Slovakia to Ukraine, easing Kiev's dependence on Russia, the European Commission said.

read more... 20/11/2013

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