The count down has started to achieve Europe’s 20% energy efficiency target for 2020. If nothing changes in the coming years, the EU will achieve only half of the target. A new set of measures for increased Energy Efficiency has recently been proposed by the European Commission to fill the gap and put the EU … Read more
SeaGen, the world’s first and only commercial scale tidal stream energy turbine has passed another electricity generation milestone by delivering its two millionth unit of electricity into the UK electricity grid. The 1.2MW SeaGen, located in Strangford Lough, Northern Ireland, is now operating 24 hours, seven days a week. It is well on course to … Read more
Having called for an energy technology revolution to tackle climate change and enhance energy security and economic development, the International Energy Agency (IEA) is seeing the first signs of this happening across the globe. However, it cautions that more needs to be done to achieve the necessary long-term cuts in CO2. The new IEA study … Read more
US-based AES Corporation has agreed with BG Energy Holdings to acquire Premier Power, owner of the 1,246 MW natural gas-fired Ballylumford Power Station in County Antrim, Northern Ireland, for £99 million. The transaction is subject to license consents from the Northern Ireland Authority for Utility Regulation and the Northern Ireland Department of Enterprise, Trade and … Read more