Energy Economy

Severe weather conditions on 28th September 2016 led to around 850.000 customers in South Australia without access to electricity.

The solar power plants will be built in two regions – the Algarve and the Tajo Valley.

Written by Dr Tony West. formerly Director of Trading and Marketing at Innogy (now Npower). Head of Trading at Scottish Power and amongst other senior wholesale trading roles recently advised Gazprom on their power business development strategy.

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati lauded the new coordinating structures harmonizing interactions between CBI and relevant ministries of the country as the ground for 69% increase in imports of basic goods in the past 5 months

That’s the damning verdict from French bank BNP Parabas. which says in terms of transport. the economics of renewables are now impossible for oil to compete with.

Armenian Prime Minister Nikol Pashinyan said that he has been tasked by the leaders of the countries of the Eurasian Economic Council to invite Iranian President Hassan Rouhani to the supreme meeting of the body slated to be held in Yerevan in October.

Iran has already carried out necessary work in 3 4 of the railway and is committed to bringing the project to completion.

Customers will continue to receive gas supplies as normal and credit balances will be protected.

The news follows German electric utility RWE’s announcement to close its 1.56GW coal plant in Wales next March.

The IEA said tensions in the Persian Gulf. where some oil tankers have been attacked. have heightened concerns.