English Edition

25% of Greek Electricity Will Come from Wind by 2020 - Minister of Energy

Δευ, 6 Δεκεμβρίου 2010 - 16:30

As of 2005, 6.9% of Greece’s energy - 10% of its electricity - came from renewables. This 10% broke down into 8% hydro and 2% wind power. By the end of 2009, Greece had installed a cumulative total of 1,087 MW. Wind currently provides around 4% of Greece’s electricity. Greece has to reach 18% of its energy from renewables (40% of its electricity) by 2020 according to the 2009 EU Renewable Energy Directive.

Bulgaria & Romania Sign Energy Market Integration Memorandum

Δευ, 6 Δεκεμβρίου 2010 - 16:29

Bulgaria and Romania signed a memorandum of understanding to integrate their energy markets, Bulgarian Economy, Energy and Tourism Minister Traycho Traykov said after signing the instrument with Romanian Economy, Trade and Business Environment Minister Ion Ariton.

Bulgaria's FinMin: Belene Price Is Great Success

Δευ, 6 Δεκεμβρίου 2010 - 16:28

The agreement between Bulgaria and Russia for the EUR 6.3 B price of the future Nuclear Power Plant in the Danube town of Belene can be seen as great success.

Turkey, Russia Accelerate Nuclear Plant Project

Δευ, 6 Δεκεμβρίου 2010 - 16:27

Turkish officials will meet their Russian counterparts later this month to push the button on the actual launch of a nuclear power plant project, Turkish Minister of Energy and Natural Resources Taner Yıldız told reporters Friday.

Greek Energean Eyes Tunisian, Moroccan Oil

Δευ, 6 Δεκεμβρίου 2010 - 16:26

Energean Oil and Gas, Greece's only petrol exploration company, plans to boost its international presence in 2011 by entering Morocco or Tunisia, its chairman said on Saturday.

U.S. Sees Greater North Korea Nuclear Threat

Παρ, 3 Δεκεμβρίου 2010 - 17:15

The Obama administration told the United Nations nuclear watchdog that North Korea likely has built more than one uranium-enrichment facility, significantly raising the proliferation threat posed by the secretive communist state.

CNPC, Sinopec, Cnooc Sign Venezuela Oil, Gas Deals

Παρ, 3 Δεκεμβρίου 2010 - 17:12

China's three main state-owned oil companies have strengthened their ties to Venezuela's energy sector, signing six agreements and increasing their investments to a planned $40 billion dollars.

Taiwan To Spend $100 Million On Green Architecture

Παρ, 3 Δεκεμβρίου 2010 - 17:10

Taiwan said Friday it would spend about $100 million to promote environmentally friendly buildings in a bid to cut carbon emissions and create jobs.

South Korea Pulls Out Of Lithuania Nuclear Project

Παρ, 3 Δεκεμβρίου 2010 - 17:08

A four-nation nuclear power plant project in Lithuania was thrown into doubt Friday, as the government said a South Korean bidder has pulled out and another was rejected.

China To Add 15-20 GW Wind-Power Capacity Annually In Next Decade

Παρ, 3 Δεκεμβρίου 2010 - 17:08

China is expected to add 15-20 gigawatts of wind-power generating capacity annually during the next decade, the Chinese Renewable Energy Industries Association said Friday.

PPC Signs Deal With French EDF

Παρ, 3 Δεκεμβρίου 2010 - 14:50

Public Power Corporation (PPC) has signed a memorandum of cooperation with France’s EDF Energies Nouvelles to jointly develop renewable energy projects in Greece, it said yesterday.

Walter Energy Seals $3.3 billion Western Coal buy

Παρ, 3 Δεκεμβρίου 2010 - 14:49

U.S.-based mining group Walter Energy Inc is to buy Canada's Western Coal for C$3.3 billion ($3.3 billion) to create the world's leading producer of metallurgical coal used by steelmakers.

Finland's Fortum and Russian Rosatom in Deal to Build Bulgaria Plant

Πεμ, 2 Δεκεμβρίου 2010 - 18:36

Fortum, Finland's top energy group, said late on Tuesday it signed a deal to develop a nuclear power plant in Bulgaria with the country's national utility NEK and Russian state atomic energy corporation Rosatom.