Category: Energy

Italy: aid procedures for renewable energy sources updated

GSE, the State regulator of electricity services in Italy, has opened the “Quinto Conto Energia” (5th feed-in) scheme for photovoltaic, activating its dedicated portal with restricted access. The new regulations for other renewable energy sources (RES) plants can be downloaded here, and the new administrative form to communicate the operations startup is available here.

France shale ban

France isn’t prepared to tap its shale energy resources until “clean technologies” are invented to replace hydraulic fracturing, Industry Minister Arnaud Montebourg said as reported by Bloomberg. IEA’s opinion on fracking does not differ much: “Industry must win public confidence by demonstrating exemplary performance; and governments must ensure that appropriate policies and regulatory regimes are …

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Peak cheap oil

Although Barclays Capital expects the crude market tightens by 2.4m barrels a day (bpd) this quarter, with little extra supply in sight, and  Goldman Sachs said the industry is chronically incapable of meeting global needs – “It is only a matter of time before inventories and OPEC spare capacity become effectively exhausted, requiring higher oil …

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Concern on “fracking” in Europe

Concern arises, as Halliburton, Chevron and Exxon declare they are starting the ‘fracking’ process in Europe, The Ecologist reported. Hydraulic fracturing is the propagation of fractures in rock layers, as a result of the action of a pressurized fluid (Wikipedia) used to extract liquid or gaseous hydrocarbons. In the US, gas-extraction in the Marcellus Shale …

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