Latest news
Centrica profits drop since 2% of customers spread out
Centrica’s profits fell 2% in 2013, whereas profits at its residential supply division British Gas reduced by 6%, mainly because of intense political and media scrutiny on the energy sector in the UK, as stated by the company’s chief executive, Sam Laidlaw.
read more... 24/02/2014
Biomass sources could supply about 50% of UK’s energy demand by 2050
The United Kingdom has all the necessary means to reach about 50% of its energy needs from biomass sources, according to a new report released by a team of scientists with the University of Manchester's Tyndall Center for Climate Change Research.
read more... 21/02/2014
Iberdrola to invest more abroad and less in Spain
Spanish Iberdrola, the world’s major wind power generator, has expressed its disapproval regarding the latest energy market reform announced by the Spanish government, declaring that the changes in the energy policy will discourage important investment. The company’s net earnings reduced 7% in 2013, as a result of Spanish regulatory modifications and fiscal measures.
read more... 20/02/2014
France: CRE is looking for measures to reduce tensions on French gas market
French energy regulator CRE launched this week a public consultation with industrial players envisaging temporary measures and solutions aiming to curb the wholesale gas price gap between the north and the south of France, before the establishment of a unified market in 2018.
read more... 20/02/2014
Ireland: wind farms could help reduce energy bills
Ireland is an excellent location for developing both onshore and offshore wind farms, due to its favorable climate, and the wind speed means that there are many wind farm sites which offer a high capacity factor for generation. The country has one of the greatest wind energy resources in Europe and it is important to exploit them efficiently, so as to create jobs and bring benefits to communities.
read more... 19/02/2014