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EU carbon reserve to be instituted in 2018, effective as of 2021

A carbon market reserve to eliminate surplus from the EU Emissions Trading System (ETS) should be instituted in 2018 and effective from 2021, as indicated in the text of the latest concession offer put forward by the Latvian EU presidency.

read more... 17/03/2015

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Centrica examines final offers for UK gas plants

British utility Centrica is in the process of evaluating final offers for the gas-fired power plants it has put on sale but bids are estimated to be below the firm's target price of 500 million pounds ($767.8 million), according to sources familiar with the matter.

read more... 13/02/2015

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CEZ thinks about bidding for Vattenfall’s German lignite and hydro assets

Czech electricity producer CEZ will think about an offer for Vattenfall's lignite power plants in Germany and might also be interested in its hydro assets, as it stated on Thursday.

read more... 11/02/2015

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Five companies interested in building Romanian hydro power plant

Five firms have submitted preliminary, non-binding offers to construct a 1,000 megawatt hydro power plant at Tarnita in Romania, as stated by the state-owned project company Hidro Tarnita on Friday.

read more... 02/02/2015

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UK: $1.6 billion to be paid by households for backup electricity plants

British households will pay approximately 1 billion pounds ($1.6 billion) to aid assure the country's power supply in 2018/19, after a government public sale decided who will offer reserve electricity capacity.

read more... 22/12/2014

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