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DONG Energy Confirms Sale of Oil and Gas Arm to Focus on Renewables
Danish energy giant DONG Energy has confirmed plans to sell its oil and gas business as part of the company’s “strategic transformation” into a global leader in renewable energy. “We have decided to initiate a process with the aim of…
UK Climate Targets at Risk Without Government Support for Windfarms, Says Energy Boss
The UK’s climate targets are at risk if the government does not reverse its decision to end support for windfarms, the head of one of the Big Six energy companies has warned. Keith Anderson of ScottishPower said onshore wind power…
$75m Loan for Country’s Largest Wind Farm in Pakistan
The Asian Development Bank announced on Monday its approval of a $75 million loan to support the development of the largest wind farm in Pakistan. The deal with Triconboston Consulting Corporation (TBCC) is ADB’s third wind energy investment in Pakistan’s…
IRENA & Central American Countries Join Forces to Integrate Renewables into Regional Power Systems
IRENA yesterday announced one-week series of workshops designed to support the deployment of renewable energy in Central America will conclude tomorrow in Panama City. Led by the International Renewable Energy Agency (IRENA), this first-of-its-kind effort convened key energy stakeholders to…
Spain Will Be Run On 100 Per Cent Renewables, Energy Boss Vows
The director of one of Spain’s top power companies has predicted the country will eventually become 100 per cent relaint on renewable energy. Acciona boss Miguel Ezpeleta said there is currently enough wind energy being generated to power 29m Spanish…
Dong Energy Considers Sale of Oil and Gas Assets to Focus on Windfarms
The biggest windfarm operator in the UK is considering selling its oil and gas business, four decades after it was set up to manage Denmark’s North Sea oilfields. Dong Energy, which is majority owned by the Danish government, said it…
More Northeast Natural Gas Pipeline Capacity Brings Questions
Led by the surge in Appalachia’s Marcellus and Utica plays, U.S. natural gas production has increased over 50% since 2005 and related infrastructure to move the gas has become short. This is really not just an issue for the U.S.…