GLG News by Utilities and Power Generation Industry Experts (EU)

During 2006, UK coal-fired power station generated just over 50% of UK electricity, and of the c.52 million tonnes of coal burnt in these power stations only 17.5 million tonnes was produced from UK mines. Around 22.3 million tonnes of coal was imported from Russia and burnt in UK power stations in...

The SNP, Green and Liberal Democrat Parties all campaigned against more nuclear power stations in Scotland in the lead up to the May 3 election. A recent poll suggested more than 72% of newly elected member of the Scottish Parliament were against building any more nuclear power stations in Scotland....

Phase 1 of the EU ETS(2005 to 2007) has been characterised by a majority of EU Nations allocating too free many Carbon Reduction  Allowances. Verified emissions out-turn for 2005 caused the traded price of caron permits to collapse, and this has been reated when the verified emissions for 2006...

Germany, Spain and Hungary have coal production costs of more than twice the world market for coal and are dependent upon State Aid. Czech Republic, Poland, Slovakia and UK are more or less competitive on the World market, and are either un-subsidised or only receive a low level of subsidy for new...

Power generators will co-operate with gas turbine manufacturers to develop new, higher output more efficient GT's, but seem unwilling to order new models. The latest Siemen's H Gas Turbine will be the worlds largest and most powerful gas turbine to date, and will have an output of 340MW. Previous new...

The pro-independence Scottish National Party has won one more seat than its rival Labour Party, making it the largest party in the Scottish Parliament. 700 votes in the Western Isles tipped the balance, winning the SNP the seat and the dominant role in Parliament.Plans for three large windfarms were...

WaveHub, a publicly funded wave farm development hub has announced that it has closed development funding of £21.5 million to enable development of the hub.The WaveHub is intended to be a central electrical connection into which small arrays of experimental wave energy devices can connect.So...

Chevron has agreed to invest some euros 600,000 in Irish company WaveBob.This makes Chevron a member of the exclusive club of major oil companies with investments and projects in renewable energy, including Shell (offshore wind, biomass) and Total (offshore wind).It also gives WaveBob a shot in...

Ongoing discussion regarding new Gas Cartel should focus on position of European Union, Russia and North Africa-Iran gas supplies. Possible cartel set up by these three would cripple gas imports of EU without any doubt. Discussion that cartel is not feasible is wrong, as main stream imports are still...

A new company is looking to commercialise a technology to save wind energy by using it to compress stored gas.If successful, this could help to solve the intermittency problem by smoothing out the peaks and troughs, making output more predictable and thereby accessing higher electricity prices.In turn,...