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European renewables rise on German nuclear news

• 2011-06-01 20:09:58
• Junior Isles

The share prices of European renewables companies surged after German Chancellor Angela Merkel announced the country will double its 2020 renewables target and close its 17 nuclear power plants by 2022.

Cyprus offers new oil and gas supply routes to Europe

• 2011-06-01 05:56:56
• David Flin

Cyprus could become a key geo-political and geo-strategic player in the Mediterranean region, offering new oil and gas supply routes to Europe, according to Antonis Pascalides, Cyprus Commerce Minister.

Turkey begins power generation privatisation

• 2011-05-31 11:19:41
• Junior Isles

Turkey is to privatise its electricity generation plants, following the success of its similar action to privatise its electricity distribution grid. The only exceptions to this are some strategic dams such as Atatürk, Karakaya and Keban which are built on international waters.

UK power reform proposals criticised by MPs

• 2011-05-20 02:08:38
• Junior Isles

UK MPs have criticised the government’s current power market reforms and cast doubt on their ability to deliver enough investment for improved energy infrastructure, in a climate change committee report.

Electric cars could help balance the UK grid

• 2011-05-11 13:54:01
• Junior Isles

Electric vehicles may help the UK cope with erratic renewable power generation in the future by recharging when demand is low and supplying the network when demand is high, the National Grid has said.

UK report says nuclear is cheapest low carbon option

• 2011-05-10 17:11:10
• Junior Isles

The UK coalition government’s renewable energy review has declared nuclear to be the most cost-effective form of low-carbon power generation in the short-term, while renewables are described as key to decarbonising the UK economy in the medium to long-term.

Powered by Scottish spirit

• 2011-05-06 05:30:34
• David Flin

Whisky is to be used to generate electricity in a new bioenergy venture involving some of Scotland’s best-known distilleries.

Gazprom and DONG Energy to cooperate on gas-fired power generation

• 2011-05-04 10:40:38
• Junior Isles

Russian gas giant Gazprom and Danish utility DONG Energy have signed a letter of intent (LOI) to cooperate in gas-fired power generation.

Siemens to report profit increase

• 2011-05-04 10:36:11
• Junior Isles

German industrial conglomerate Siemens AG is set to report a significant increase in net profit on a one-time gain from the sale of a minority stake in nuclear power venture Areva NP, while its order book is set to benefit from the continuing rebound across its business lines.

Turkey installed capacity exceeds 50 000 MW

• 2011-05-03 10:38:11
• Junior Isles