News About Global Energy Industry
February 08, 2010
Cyber fraudsters attack EU's carbon trading system
Brussels (AFP) Feb 4, 2010
Online fraudsters have carried out a "widepread" cyber attack on the European Union's Emissions Trading Scheme (ETS), the EU commission said Thursday, promising a security review. The scam involved fake emails asking users of the carbon trading registries to log on to a malicious website and disclose their user identification code and password, the commission said. With this data the cyb ... read more

More than 10 dead in US gas plant blast
Middletown (AFP) Feb 07, 2010
A huge explosion has ripped through a US power plant being built in Connecticut, with reports that up to 50 people may have died. Sunday's blast at the gas-fired plant in Middletown, home to 40,000 people on the Connecticut River, sent flames and black smoke billowing into the sky and shook houses several kilometres away, witnesses said. As helicopters, ambulances and fire trucks rus ... more

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Siemens to invest $346 million in India
New Delhi (UPI) Feb 2, 2009
German industrial giant Siemens Tuesday announced plans to invest $346 million in India over the next three years, about a third of which will go to making wind turbines. "Our goal is to strengthen our position as the leading provider of green infrastructure solutions in India's booming market," Peter Loescher, president and CEO of Siemens AG, said recently, the Business Standard of Ind ... more

French carbon emissions fall in 2008
Paris (AFP) Feb 2, 2010
France's carbon emissions fell by 0.6 percent in 2008 over 2007, placing it on track for meeting its pledges under the UN's Kyoto Protocol and for deeper cuts by 2020, the ecology ministry said Tuesday. Emissions of greenhouse gases were 527 million tonnes of CO2 equivalent, a measure by which heat-trapping gases are standardised in terms of carbon dioxide. The fall in 2008 "occurred des ... more

China sets up national energy commission
Beijing (UPI) Jan 28, 2009
China has established a national energy commission headed by Premier Wen Jiabao aimed at improving the country's energy strategy and planning development. The National Energy Commission, announced on Thursday, will be responsible for drafting national energy development plans, reviewing energy security and coordinating international cooperation. The NEC will be composed of 21 min ... more

AREVA Signs Agreement With Alstom And Schneider Electric
Paris, France (SPX) Jan 28, 2010
The AREVA group has signed an agreement setting out the legal and financial terms and conditions for the disposal of its Transmission and Distribution business. The decision to sell AREVA's Transmission and Distribution business was taken by the Supervisory Board on June 30, 2009 after a review of the group's development plan. At the close of the bidding process, the AREVA Supervisor ... more

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  • China sets up national energy commission


  • Bulgaria's 'green' energy boom sparks fears


  • Green power to help ancient rice terraces


  • Sarkozy urges common position ahead of climate meet
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    Tough choices ahead for Caribbean energy
    Trinidad (UPI) Jan 19, 2009
    The Caribbean energy sector faces tough choices this year because of steadily high crude oil costs, trade deficits amid a continuing economic downturn and concerns over climate change that require choices the region's countries cannot make without more cash in their coffers. At issue is the Caribbean's conundrum: oil prices it can ill afford to pay and finding substitutes for oil that ... more

    New EU energy commissioner surprises many
    Brussels (UPI) Jan 19, 2009
    The European Union's designated energy commissioner, Guenther Oettinger from Germany, surprised Brussels with calls to abandon bilateral energy deals and a pledge to enforce Europe's green transformation if the industry fails to achieve it voluntarily. Oettinger, of German Chancellor Angela Merkel's center-right Christian Democratic Union, last week performed impressively when EU lawmak ... more

    Ethiopia turns to hydro-electricity to remedy power shortage
    Addis Ababa (AFP) Jan 19, 2010
    Ethiopia, which has just inaugurated its largest hydro-electric power station to date, hopes to soon complete a programme that will generate not only enough power for the country's needs but also for export. The Gilegel Gibe II dam inaugurated last Wednesday is 250 kilometres (155 miles) south of the capital Addis Ababa on the River Omo. The new station, which cost 281 million euros and whic ... more

    You Say Carbon Offset I Say Carbon Tax
    Washington DC (SPX) Jan 19, 2010
    Would you pay more for certain products to save the planet? That's the question behind the burgeoning carbon-offset industry - proponents pay more money for carbon-producing activities (such as flying), with the idea that the carbon emissions will be balanced out by funding for alternative energy sources. At the same time, economists and climate scientists agree that a carbon tax would ... more

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  • Rolling blackouts hit drought-stricken Venezuela


  • China, Malaysia to pump billions into Borneo power project


  • Britain's 'energy crisis' not yet over


  • European freeze hits transport as Britain limits gas
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