Latest news
Gazprom to extend its underground gas storages to unfreeze Europe
Gazprom, Europe’s main supplier of natural gas is planning to invest between 200 million and 300 million euros to double its underground natural gas storage in order to make sure the Siberian cold doesn’t freeze up pipelines, Gazprom Deputy CEO Alexander Medvedev said on Wednesday.
read more... 17/02/2012
EDF to boost its stake in Edison
The French electricity company EDF has inked a deal with Italian shareholders that will give it majority control in Edison, Italy’s second-biggest power supplier. Edison, which has a market value of about 4 billion euros (5.2 billion U.S. dollars), is now controlled by EDF and a group of Italian investors led by regional utility A2A, which hold their stakes through holding company Delmi. EDF unveiled in a statement that the preliminary agreement included the acquisition of Edison by EDF and the acquisition of Edipower by A2A.
read more... 30/12/2011
Centrica acquires a biomass heating company Ecoenergy
The British gas company Centrica has recently acquired the Ecoenergy, a leading supplier of biomass heating solutions to the public and private sector. In 2010, Ecoenergy sold 500 projects, characterizing itself as the most accomplished biomass heating company in the UK.
read more... 22/12/2011
German retail market
Here is the latest news on electricity and gas price changes and users switching suppliers in Germany, a market of 40 million households supplied by 1,100 power and 770 gas companies:
read more... 21/12/2011
EDF Energy the most complained British energy provider
The energy regulators named EDF Energy, the French owned firm, the Britain’s worst power supplier yesterday after a 74% surge in complaints.
read more... 12/12/2011