Latest news

French minister limits EDF electricity price increases again

French Energy Minister Segolene Royal limited an intended increase in household power prices on Thursday, overruling regulatory endorsements designed to compensate electricity supplier EDF for earlier controls.

read more... 17/07/2015


Verbund increases 2015 profit estimation, close to grid settlement

Austrian hydropower supplier Verbund increased its 2015 earnings forecast on Thursday, declaring it was close to an accord over sharing power grid costs with other Austrian utilities.

read more... 13/07/2015


Centrica to import more gas from Russia, Norway

Centrica, the largest supplier in the UK, has extended existent contracts with two of the world's largest producers, Russia's Gazprom and Norway's Statoil, move that will increase kingdom’s dependence on gas imports, as its production diminishes.

read more... 14/05/2015


AES, ControurGlobal decide to reduce electricity prices in Bulgaria

U.S. electricity firms AES and ContourGlobal decided to reduce the price of power they vend to Bulgaria's public electricity supplier NEK on Wednesday, in place of NEK making about 700 million levs ($389 million) in late payments by July.

read more... 09/04/2015


Rotterdam Gate LNG terminal initiates development project

Dutch gas network operator Gasunie and tank storage service supplier Vopak declared on Monday that the development of their Gate liquefied natural gas (LNG) terminal in Rotterdam has started.

read more... 31/03/2015