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Ambitious Energy Plan Unveiled

Ambitious Energy Plan Unveiled

Τρι, 22 Ιουνίου 2010 - 13:20

Investments in renewable energy sources (RES) are seen reaching 16 billion euros by 2020 in order for the country to meet its energy goals, according to the Environment, Energy and Climate Change Ministry.

PPCs Oldest Lignite Unit Closed Down

PPC's Oldest Lignite Unit Closed Down

Τρι, 22 Ιουνίου 2010 - 10:02

One of Greece’s oldest and most polluting power stations, in the town of Ptolemaida in northern Greece, was shut down yesterday in what Environment Minister Tina Birbili said was a move designed to show the government’s determination to produce cleaner energy. Birbili pressed the button that led to one of the four lignite power plants in Ptolemaida ceasing to produce energy for the first time since it was opened in 1959

Brazils Petrobras Maintains Aggressive Growth Plans

Brazil's Petrobras Maintains Aggressive Growth Plans

Δευ, 21 Ιουνίου 2010 - 18:34

Brazilian state-run energy giant Petroleo Brasileiro SA (PBR, PETR4.BR) maintained its aggressive growth plans, announcing Monday that the company will invest $224 billion over the next five years.

Protests Grow In Iraq Over Power Rationing As Heat Rises

Protests Grow In Iraq Over Power Rationing As Heat Rises

Δευ, 21 Ιουνίου 2010 - 18:32

Hundreds of angry protesters hurled stones at provincial council offices in southern Iraq Monday, wounding 14 police amid growing rage over power rationing in the summer heat, a police official said

Israel Gas Discoveries Set Off Lebanon Row

Israel Gas Discoveries Set Off Lebanon Row

Δευ, 21 Ιουνίου 2010 - 17:30

Israeli companies have announced two important natural gas finds in the past 18 months that may hold 24 trillion cubic feet of gas, but the offshore discoveries are a potential source of friction between Israel, Lebanon and Greek Cyprus. Lebanese officials say the gas may extend into their waters, urging their own prospecting

A Pipedream Once More

A Pipedream Once More

Δευ, 21 Ιουνίου 2010 - 15:13

MAJOR changes will be expected after the Bulgarian government’s decision to back out of the project of Burgas-Alexandroupolis oil pipeline, which was agreed to by Greece, Russia and Bulgaria to bring Russian oil to the Aegean and Europe by circumventing the Bosphorus Straits.

10 Gigawatts of PV in 2010

10 Gigawatts of PV in 2010

Δευ, 21 Ιουνίου 2010 - 13:22

In 2010, we will cross the threshold of 10 gigawatts of photovoltaic solar installed globally in a single year -- a record-setting and once-inconceivable number.

EU Sees Solar Power Imported from Sahara in 5 Years

EU Sees Solar Power Imported from Sahara in 5 Years

Δευ, 21 Ιουνίου 2010 - 13:20

Europe will import its first solar-generated electricity from North Africa within the next five years, European Energy Commissioner Guenther Oettinger said in an interview on Sunday.

Ukraine Wishes South Stream Peaceful Death

Ukraine Wishes South Stream Peaceful Death

Δευ, 21 Ιουνίου 2010 - 13:17

South Stream, a gas pipeline backed by Moscow that would allow Gazprom to sell gas directly to Europe while bypassing Ukraine, has lost its raison d’être since Kiev started to normalise relations with Russia, according to one of the country's top advisers.

Oil Rises Towards $79 on Chinese Demand Outlook

Oil Rises Towards $79 on Chinese Demand Outlook

Δευ, 21 Ιουνίου 2010 - 13:16

Crude oil gained more than one percent on Monday after China pledged to make its currency more flexible, raising expectations of higher demand from the world's second largest energy consumer.

Belarus to Continue Supplies to Europe, Despite Cut

Belarus to Continue Supplies to Europe, Despite Cut

Δευ, 21 Ιουνίου 2010 - 13:15

Belarus will continue to provide uninterrupted transit of Russian gas to Europe , despite the fact that it has begun receiving a 15% gas cut from Russia, a spokeswoman for the Belarusian Energy Ministry said on Monday.