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RWE opens 576 MW Gwynt y Mor offshore wind farm

• 2015-06-18 22:16:11
• Junior Isles

RWE has officially opened the Gwynt y Mor wind farm in North Wales. The project, financed with a £2 billion ($3.18 billion) investment by Stadtwerke Munchen and Siemens, has seen the development of 160 turbines some 13 km into the Liverpool Bay.

European Commission and Baltic Sea region sign energy memorandum

• 2015-06-09 17:01:04

The European Commission and the Baltic sea region countries have signed a Memorandum of Understanding that will modernise and strengthen the Baltic Energy Market Interconnection Plan (BEMIP).

Key lawmaker endorses NSW grid sale

• 2015-06-03 16:01:23
• Junior Isles

An Australian lawmaker who holds the balance of power in the upper house of New South Wales (NSW) has given the go-ahead to privatise the state’s electricity grid – under the proviso that no employee loses their job for five years.

Europe’s top oil companies call for carbon emission pricing

• 2015-06-02 20:48:25

The chief executives of BG Group, BP, Eni, Royal Dutch Shell, Statoil and France’s Total have collectively urged governments around the world to introduce a pricing system for carbon emissions, in order to reduce uncertainty and encourage cost-effective ways of reducing carbon emissions.

IKEA powers Nordic operations with 100 per cent renewable energy

• 2015-05-29 22:23:08

Thames Water and Haven Power in $800 million renewable energy deal

• 2015-05-26 17:14:47

Energy chief says fossil fuels are dying out in Europe

• 2015-05-21 13:20:40

E.On to build £1.3 billion windfarm on Sussex coast

• 2015-05-19 14:51:17

The British government has announced that construction on the 400 MW, £1.3 billion ($2.02 billion) Rampion windfarm will take place next year off the coast of Sussex.

Fossil fuels subsidised by $10 million every minute, according to IMF

• 2015-05-18 23:20:36
• Junior Isles

A startling new report by the International Monetary Fund (IMF) has today stated that fossil fuel companies receive some £3.4 trillion ($5.3 trillion) in subsidies each year – which is equivalent to nearly $10 million every day.

CEZ eyes central Europe assets

• 2015-05-13 16:21:10
• Junior Isles

Czech power company CEZ says it is keeping an eye on potential investment in assets in central Europe that its Swedish and Italian rivals may sell, although it admits there are few immediate and attractive takeover targets.