Latest news
New contract for GDF Suez in Saudi Arabia
The French energy giant announced about the signing of a new contract for the construction of a 1730 MW power plant in Saudi Arabia. The new plant would be built as an Independent Power Project (IPP), 125 km west from Saudi Arabia capital, Al Riyadh. Simultaneously, GDF signed the contract to sell the electricity produced at this plant to Saudi Electric Company (SEC). The duration of the contract is 20 years.
read more... 16/06/2010
EDF might sell nuclear power to competitors
Ongoing debates in the French parliament could lead to the obligation of EDF, the French nuclear giant, to sell 25 % of its nuclear electricity to competitors in France, in order to boost competition in the electricity market, where EDF holds the key position at the moment.
read more... 04/06/2010
GDF Suez interested in Italian nuclear sector
The decision of the Italian government to obtain in the future 25% of its electricity from nuclear power made of Italy an interesting investment country for GDF Suez, the French nuclear power giant.
read more... 27/05/2010
Offshore renewable energy in UK
The offshore renewable energy industry in UK might produce electricity corresponding to one billion barrels of oil per year, matching oil and gas output in the North Sea, as stated in a report.
read more... 20/05/2010
Thanet offshore wind park in Britain
Thanet offshore wind park started its electricity generation on Tuesday, 17th of May, and it is expected to start functioning at its full capacity by September 2010.
read more... 18/05/2010