LANDAU IN DER PFALZ, Germany — Government officials here are reviewing the safety of a geothermal energy project that scientists say set off an earthquake in mid-August, shaking buildings and frightening many residents of this small city.
The geothermal plant, built by Geox, a German energy company, extracts heat by drilling deep into the earth. Advocates [...]
LONDON (AFP) — Oil prices dropped some two dollars on Monday on concerns that a deepening global economic downturn could spark a slump in demand for energy, analysts said.
The market was also weighed down by news of a possible resolution to the ongoing Russia-Ukraine gas supply crisis, they added.
Traders also tracked developments in the Middle [...]
By Rebecca Bream, Utilities Correspondent
Drax, the owner of western Europe’s largest coal-fired power station, yesterday unveiled a £2bn renewable energy investment plan in an effort to diversify its business and cash in on government subsidies.
Drax said it planned to build three 300MW power plants that would burn biomass, including energy crops and agricultural or [...]
