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Gazprom planning to adjust natural gas contracts
- 2010-12-09 13:46:51
- Junior Isles
Russian energy giant Gazprom has said it will renegotiate its long term natural gas contracts, which have been undercut by spot market prices.
Europe to be ‘low-carbon’ powered by 2030
- 2010-12-09 12:42:30
- Junior Isles
Low-carbon power sources should account for around 60 per cent of European electricity production by 2030, says the industry association Eurelectric.
Asian Development Bank boosts support for clean energy development
- 2010-12-01 14:31:08
- Junior Isles
The Asian Development Bank (ADB) has said it will infuse 40 million dollars into two private equity funds that target promising green companies and projects in the region.
Exports push Estonian generation up 67 per cent
- 2010-11-27 02:48:31
- Junior Isles
Power generation is up significantly in Estonia this year after the closure of the Ignalina nuclear plant in Lithuania.
Weir’s shares rise after American Hydro acquisition
- 2010-11-22 17:18:11
- Junior Isles
Shares in Weir Group recently surged to a record high as the Glasgow-based engineering company announced the acquisition of American Hydro Corporation, which makes turbine components for hydro power generation.
German Solar power may be cheaper than fossil fuels in 5 years
- 2010-11-04 20:06:06
- Junior Isles
A study by A.T. Kearney Inc. shows electricity from solar panels in Germany may be as cheap as power from new gas and coal plants within as little as five to eight years.
Ateşçelik plans factory to harness Turkey’s wind power potential
- 2010-10-25 22:15:18
- Junior Isles
Turkish company Ateşçelik, which produces a number of devices for power plants and other industrial equipment, is investing 30 million Turkish Liras in the production of wind turbine towers inthe western province of İzmir.
Qatar to consider nuclear generation option
- 2010-10-19 12:40:33
- Junior Isles
Qatar may decide as early as next year on whether to develop nuclear power capabilities, as the gas rich Gulf Arab state looks to wean its dependency away from hydrocarbons.
EDF seeks to modify Constellation partnership
- 2010-10-15 14:46:16
- Junior Isles
French state-owned power company Electricite de France is ready to move forward alone if necessary to build a third nuclear reactor at Calvert Cliffs in Maryland, according to a company executive.
US renewables integration requires $50-100 billion in T&D; investment
- 2010-10-15 14:44:45
- Junior Isles
Johannes Pfeifenberger, principal and utility practice leader at The Brattle Group, has estimated that $50-100 billion in transmission investment will be needed in order to integrate renewable power onto the existing electricity grid.
