Latest news

Centrica hit with an £11m fine for failing to meet energy efficiency obligations on time

British largest energy supplier, Centrica, has been hit with an £11.1million ($17.4 million) penalty for failing to meet energy efficiency obligations by a 2012 deadline, announced Britain's energy regulator Ofgem.

read more... 04/12/2014


Record number of UK electricity consumers switch to small suppliers

Britain's little energy suppliers registered a record number of new electricity users in October, industry data indicated, since households ready for the winter season when utility bills usually increase.

read more... 13/11/2014


Areva-Siemens increases claim to $4.4 billion over Finnish reactor postponements

The French-German conglomerate Areva-Siemens, the supplier of Finland's much-delayed Olkiluoto-3 nuclear reactor, has raised its claim against Finnish utility Teollisuuden Voima (TVO), as stated by TVO late on Friday.

read more... 27/10/2014


Statoil: 75% of gas sold to Europe at spot prices

Norway's Statoil, Europe's second major gas supplier, currently vends approximately 75% of its gas at spot prices, in a budge from oil-related prices that has aided it obtain market share but strike profits this year, as stated by its gas trading manager.

read more... 01/09/2014


ERDF to select six suppliers to produce the new Linky meters

French electricity distribution company ERDF, a unit of state-controlled utility EDF, appointed six suppliers as a part of a tender to manufacture the first three million of its new Linky smart power meters, according to French daily Les Echos.

read more... 28/08/2014