Year: 2014
Norway’s state electricity company is set for a green spending spree of 60 billion krone (£5.2bn) over the next four years. Statkraft plans for “major investments” in renewable energy in Norway, Europe and emerging markets in Asia and South America. This ranges from hydropower projects in Turkey, Peru’s Andes mountain range and possibly India’s state of Himachar […]
Vermont’s only nuclear power plant has shut down for good as of midday on Monday. The plant which supplied power to the New England grid produced more than 171 billion kilowatt-hours of electricity over nearly 43 years. The Governor of Vermont, Peter Shumlin who backed the decision to close the plant said in a statement: “Thanks […]
One of Canada’s largest pipeline operators has bought a large-scale solar power plant. TransCanada is paying Canadian Solar $52 million (£33m) for the 10 megawatt (MW) solar plant in New Liskeard, Ontario. New Liskeard is a town which butts onto Lake Timiskaming. The Liskeard 1 power plant is the eighth solar project TransCanada has bought and […]
Russian energy giant Gazprom has bought the second half of the cancelled South Stream gas pipe project. It bought the shares from Italian firm Eni (20%), German oil and gas producer Wintershall (15%) and French energy group EDF (15%), meaning Gazprom now owns 100% of the project. South Stream Transport is the company set up to build the offshore pipe branch […]
The amount of money swishing around in the “zero energy” buildings market is predicted to rocket by 2035. A new report by Navigant Research calculated global revenue could grow from $629.3 million a year in 2014 to $1.4 trillion in two decades. A zero energy building, dubbed ZEB in the report, is defined as one which generates […]
Residents in Copenhagen pay by far the highest electricity bills in Europe. New monthly figures show people in the Danish city pay as much as €30.28 per kilowatt hour (kWh), or £23.71. In Belgrade by comparison, residents pay the least for electricity at €6.02, which is £4.71 per kWh. European energy bills can vary as much as 149% depending on […]
Ukraine cut off the power to Crimea last week, its former peninsula which was absorbed by Russia in March 2014. Ukrainian power company DTEK halted power transmission on Friday 26 December after an order from regulator Ukrenergo, reported the Kyiv Post. In a statement DTEK said the line it disabled is “currently the only line […]
Algeria could send six shipments of gas to Egypt next summer, according to Egypt’s Petroleum Ministry website. Egyptian oil minister Sherif Ismail is meeting Algerian Minister of Energy Dr Youcef Yousfi, the former Algerian Prime Minister, in Algiers to discuss a contract for 850,000 cubic meters of liquefied natural gas (LNG), said a statement on the ministry site yesterday. Due to be delivered […]
A liquefied natural gas (LNG) plant in Queensland, Australia has started loading its first LNG cargo – using gas which comes from coal seams. BG Group believes the Curtis Island project is the world’s first to turn gas from coal seams into LNG. It means gas from more than 2,000 wells in Queensland’s gas fields can be shared with an international market. After […]
Ukraine has restarted the unit at a nuclear power plant which was switched off over the weekend after what could have been an electrical fault. A statement on the Zaporizhzhya power plant’s website on early Sunday morning said unit 6 was disconnected to protect “against internal damage to the generator”. It was reconnected to the network according to […]