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Albania and World Bank inked $150 million electricity agreement
Albania signed a $150 million loan agreement with the World Bank on Monday to improve power distribution and transmission, which it said would facilitate the return of the debt-laden sector to financial stability by 2018.
read more... 04/11/2014
French electricity tariffs increase by 2.5% in November
Regulated electricity tariffs in France increase by 2.5 percent on November 1, in accordance with a decree published on Friday, the first increase founded on a new formula that takes into consideration market prices and not only EDF's accounting costs.
read more... 03/11/2014
Lithuania: free 2013 EU emissions allowances to be offered to utilities
Lithuania has been offered the permission to give utilities free carbon allowances for their 2013 emissions, making it the final nation to obtain European Commission authorization under a programme to aid Eastern Europe clean up its electricity sector.
read more... 30/10/2014
Verbund nine-month profit drops by 86%
Austrian utility Verbund registered a decline of 86 percent in group profit for the first three quarters of 2014 to 63.8 million euros ($81.3 million) because of decreasing electricity prices, reduced water supply and impairment losses on its Romanian wind farms.
read more... 29/10/2014
Serbia’s major electricity plant tenders for coal because of flooded mine
Serbia's biggest coal-fired power plant complex Nikola Tesla (TENT) proposed a tender on Monday for 1.3 million tonnes of coal to compensate the shortages created by the overflowing of its dedicated mine.
read more... 28/10/2014