Latest news
2013: a great year for Enel and for geothermal energy
Last year the geothermal energy industry celebrated 100 years of commercial geothermal power generation. Italy is the country where geothermal energy was first exploited for industrial reasons and it is still one of the main producers of geothermoelectric energy in the world. The first example of a geothermal power plant went into operation in 1905, in Larderello, Tuscany.
read more... 13/02/2014
Spain sets out new electricity bill structure to protect consumers
Spain’s Industry Ministry will use a new method to determine consumer power bills, giving up the old auction system, which last year, had a major impact on household electricity bills while a spike in the scheme led to huge cost increases.
read more... 13/02/2014
Scottish Power to expand the Cruachan hydro power station
Scottish Power, a global energy company and world leader in wind energy, has today revealed plans to more than double the amount of electricity that could be produced at its Ben Cruachan hydro power station, in a move which aims to balance supply from more intermittent renewable energy sources such as wind farms. Currently the station can produce up to 440 megawatts (MW) of electricity, but once expanded it could generate about 1040 MW, enough to power almost one million homes.
read more... 11/02/2014
India to build the world’s most powerful solar plant
India intends to build the world’s biggest solar power plant which is expected to be able to generate something like 6.4 billion kilowatt-hours per year. Once the project will obtain the go ahead, the solar array would cover an area larger than Manhattan and could be capable of producing 4,000 megawatts of electricity, which corresponds to that of four full-size nuclear reactors.
read more... 11/02/2014
Daily: European prompt power prices dragged down by warmer weather
Crude oil futures traded higher in Thursday, backed by optimistic U.S. economic data, an increase in U.S. gasoline futures and a strike at oil ports in France that blocked the oil hub Fos-Lavera, slashing supplies. Meanwhile, Brent crude traded nearly $1 higher above $107 a barrel, having hit a high of $107.30 earlier in the session following the ECB comments. U.S. crude rose 46 cents at $97.84 a barrel after increasing as high as $98.83.
read more... 07/02/2014