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Citizens buy out solar

EVN’s (Energie Versorgung Niederösterreich) second solar energy initiative was a runaway success. To finance a restructuring of the energy mix in Lower Austria, the company sold off solar panels (good for 13 years) to residents and the leases them back. Within 24 hours the 2,000 solar panels in the Schönkirchen solar plant, in the district […]

Promising Gas Fields In Cyprus

Promising Gas Fields In Cyprus

Since the discovery of gas fields some 180 km offshore south of Cyprus in late 2011, the country has been keen to talk up its potential as a future eastern Mediterranean energy hub. For Europe, this and later finds add weight to the theory that the eastern Mediterranean could hold the key to European energy […]

Raiffeisen’s Upward Sustainability

The new Raiffeisen tower, which opened last month on the Donaukanal, is now part of the ever-changing Danube riverscape. The building, shaped like the prow of a ship, points into the gentle curve of the canal, as if about to set sail. Vienna’s relationship with the Danube (and its meanderings) has a turbulent history. In […]

Pipeline gets go-ahead

Pipeline gets go-ahead

The South Stream Pipeline, a €15.5 billion Russian gas pipeline to Europe, has received the final signatures it authorising it’s construction slated to begin on 7 Dec. The pipeline will carry Russian natural gas to Europe with an annual supply of 15.75 billion cubic metres with an eventual full capacity of 63bcm by 2018. South […]

Energy Madness

Energy Madness

The importance of energy is not new, it is only rediscovered over and over again. It is oil that constitutes the major part of the global energy-mix.  Oil like the majority of commodities is traded in US-Dollar (USD). The value of the USD, oil prices and war and peace tend to interact. In autumn 1918, […]

Out of the (Oil) Box

The world is spiraling headlong for a global energy crisis. The decline in the availability of cheap oil and need a decrease dependency on fossil fuel has heightened interest in research on alternative fuels and power supplies. Fuel cell technology, hydrogen, biomethanol, biodiesel, the Karrick process, solar, geothermal, tidal and wind energy are all attracting […]

Ankara’s Gamble

Further political interference may well delay one of Europe’s most hopeful energy projects, as a seemingly unrelated bill pending in the French Senate related to Turkey’s role in the alleged Armenian genocide in World War  I. It has set off a chain reaction in the energy world. Turkey has now pulled out of talks with […]

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