EU agrees to spend billions to make grid crisis-proof
The project was launched after this winter's gas crisis left thousands of homes without heat, following a price row between Moscow and transit country Ukraine.
The plan to subsidize new power projects, gas pipelines and power cables aims to enable the 27 EU countries help each other during energy crises and to generate fresh employment for constructors and engineers in the face of recession.
The European Parliament had earlier voted to divert any unused funds from the project into energy efficiency program.
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N.S. abandons Atlantic Loop, will increase wind and solar energy projects
HALIFAX - Nova Scotia is abandoning the proposed Atlantic Loop in its plan to decarbonize its electrical grid by 2030, Natural Resources and Renewables Minister Tory Rushton has announced.
The province unveiled its clean power plan calling for 30 per cent more wind power and five per cent more solar energy in its power grid. Nova Scotia's plan relies on continued imports of hydroelectricity from the Muskrat Falls project in Labrador via the Emera-owned Maritime Link.
Right now Nova Scotia generates 60 per cent of its electricity by burning fossil fuels, mostly coal. Nova Scotia Power must close its coal plants by…
