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EBRD Loans €18 Million for Kosovo’s First Wind Farm

EBRD Loans €18 Million for Kosovo’s First Wind Farm

The European Bank for Reconstruction and Development (EBRD) has lent €18 million to finance the 32.4-megawatt (MW) Kitka Wind Farm in eastern Kosovo, the bank announced in a statement on Tuesday.

CO2 Emissions From New Cars and Vans Increases in 2018

CO2 Emissions From New Cars and Vans Increases in 2018

The average carbon dioxide (CO2) emissions from new passenger cars registered in the European Union (EU) in 2018 reached 120.4 grammes of CO2 per kilometer (CO2/km), up 1.6% on 2017, the European Environment Agency said on Monday.

Wales Turns Wood to Energy Via £160M Power Station

Wales Turns Wood to Energy Via £160M Power Station

Up to 75,000 homes in South Wales will be powered by a new £160 million (approx. 1.2 billion Turkish Lira) plant generating electricity from waste wood, project owner Glennmont Partners announced on Monday.

Canete, Altmaier to Finalise German Integrated Energy and Climate Plan

Canete, Altmaier to Finalise German Integrated Energy and Climate Plan

European Climate Action and Energy Commissioner Miguel Arias Cañete and Germany’s Economic Affairs and Energy Minister Peter Altmaier on 24 June exchanged views on climate neutrality objectives and discussed growth opportunities arising from the modernisation and transition towards a climate neutral economy

Swedish Forsmark Nuke Plant: Safe for 10 More Years

Swedish Forsmark Nuke Plant: Safe for 10 More Years

Sweden's Forsmark nuclear power plant has been deemed safe to continue its operations for another ten years, according to the Swedish Radiation Safety Authority on Monday

UK En Route to Zero Carbon Future With Interconnectors

UK En Route to Zero Carbon Future With Interconnectors

The U.K. is on track to generate more electricity from zero carbon sources than fossil fuels in 2019, National Grid, country's electric power transmission network operator, said on Friday. This is in line with U.K.'s journey towards a net zero emissions target by 2050.

EBRD Funds Solid Waste Facility in Turkey’s Canakkale

EBRD Funds Solid Waste Facility in Turkey’s Canakkale

A waste management facility to benefit 200,000 people in Canakkale by a local venture between the French utility SUEZ Group and the Turkish waste management firm ALTAS has attracted a fund of 57.5 million Turkish lira (€9 million) from the European Bank for Reconstruction and Development (EBRD), a statement from the bank said Friday.

LNG Investment Increases, but More Needed: IEA

LNG Investment Increases, but More Needed: IEA

Global LNG investments are increasing, but more will be needed, according to the International Energy Agency's (IEA) latest "Gas 2019" report. The report showed that investment in LNG export projects rebounded in 2018 after several years of decline.

Egypt to Pay $500M to Israel Over Gas Cuts

Egypt to Pay $500M to Israel Over Gas Cuts

Egypt has signed a $500-million settlement agreement with state-owned Israel Electric Corporation over the suspension of natural gas deliveries to Israel.

SOCAR Turkey Finalizes Acquisition of EWE Turkey

SOCAR Turkey Finalizes Acquisition of EWE Turkey

SOCAR Turkey completed the takeover of EWE Turkey Holding's subsidiaries Bursagaz, Kayserigaz, Enervis, EWE Enerji and Millenicom, according to a statement from the company on late Monday. Germany centered EWE Turkey Holding has been operating in Turkey since 2007 and is the fourth biggest natural gas supplier in Turkey.

Romania Mulls Carbon Price Compensation Scheme

Romania Mulls Carbon Price Compensation Scheme

The Romanian government is considering introducing a scheme for offsetting the cost of the EU Emission Trading System (EU ETS), but details have not yet been announced, local media reported.

US Again Leads World in Oil Production, Consumption

US Again Leads World in Oil Production, Consumption

The U.S. led the world once again in oil production and consumption during the year of 2018, according to data compiled by Anadolu Agency on British energy giant BP's Statistical Review of World Energy 2019 report.

Dubai Port Operator with Interest in Bulgarian Ports

Dubai Port Operator with Interest in Bulgarian Ports

One of the largest port operators in the world - Dubai Port World - has shown interest in investing in Bulgarian ports and in creating high-tech logistics centers in different cities in the country.