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Electricity bills for 12 million German households to drop starting from January

Several 12 million German households' electricity bills will reduce by an average 2.4 percent starting from January since 115 energy firms pass on lower wholesale prices and charges to sustain renewable power, as mentioned by the internet portal Check24 on Monday.

read more... 19/11/2014

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Offshore wind industry hastens to reduce costs since subsidies decline

As European governments begin to reduce offshore renewable electricity subsidies, utilities, wind turbine manufacturers and installers are aiming to decrease costs to aid the industry survive.

read more... 17/11/2014

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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

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Elering purchases from Fortum controlling stake in Estonian gas grid

Estonian electricity grid operator Elering AS will purchase a controlling stake of 27.5 million euros ($34.3 million) in the country's gas transmission system operator from Finnish utility Fortum, as stated by the companies on Monday.

read more... 11/11/2014

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EU’s bank to credit Britain’s electricity grid $2.4 billion

The European Union's bank will offer a loan of 1.5 billion pounds ($2.4 billion) to Britain's National Grid, its major ever single loan, as stated by the bank on Friday.

read more... 10/11/2014

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