This image shows, what seems to be, a Jack-up Support Platform seen from Praia da Rocha in Portimao since the 27th of August - It all started with a message on Facebook, asking if they had started with the exploration of oil and gas, as there is a platform offshore just off Praia da Rocha. This was followed by one of our members asking if a vessel they had seen at sea could be a seismic survey ship?
Portugal’s former government was very pro renewable energy. Unfortunately with the current rulers we are not that lucky !
10 years ago Prime Minister Socrates started with EU funds the “Feed in Tariff” (FIT), to give back to the grid at very interesting prices of up to €0,68 per kwatt. However the current government turned around all benefits and decided that renewable energy should not be rewarded anymore.
ASMAA announced on July 20th (2014) that it is restructuring its board. It is typical that as an organisation grows out of its start-up phase and progresses into the phase of expansion and growth, that there will be a need for restructuring. ASMAA is no different!
Without a doubt, this restructuring is vital for growth if we want to create a more agile, effective and efficient organization. The original governance structure is not functioning as planned, and restructure is necessary if we are to re-adjust to the constantly challenging environment that we operate in.
ARE YOU READY TO LOOSE IT ALL?
For the past 2 years we have been warning you.
Many didn’t believe that drilling for gas and oil offshore in the Algarve would ever happen.
After all there’s been talk on and off for past 10 years and nothing happened till now.
We are running out of the natural resources and to reach them is becoming more and more difficult and expensive. The result is simple: Energy prices are only going up !
Next to the ever rising energy prices we are also subjective to the increasing VAT on top of that. So as soon as we consume electricity we automatically pay 23% extra !!
Spain’s top court has rejected seven appeals against oil exploration in the Canary Island waters, giving the go-ahead for exploration there.
In 2012, the government reinstated a decade-old permit to prospect for oil off the coast of Fuerteventura and Lanzarote, but it was then put on hold following challenges.
So this is a Salgados update, and the first question I want to answer is “Why’s it taken so long?”
The short answer is that ever since last November I have been asked to keep shtum about the latest developments, despite being intimately involved with them … and as one who prefers taking action it’s been a tough call let me tell you!
The discovery of world’s largest colony of Protected Rare Plant may still save Salgados Wildlife Sanctuary. The Portuguese Government is being asked this week whether it will fulfill its responsibility to protect the recent discovery of the largest colony of one of the rarest plants in the world.
This discovery has been made on land that is controversially scheduled for “development”.