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GDF Suez and Toshiba to go forward with Europe’s major nuclear power project in UK
France's GDF Suez and Japan's Toshiba will proceed with plans to expand Europe's largest nuclear power project in northwest England, after finalizing the transaction, according to their joint venture on Monday.
read more... 01/07/2014
Romania: cogeneration tax to be cut by approximately half as of July
Romania's energy regulator ANRE will reduce the tax for cogeneration, or combined heat and power, by approximately half, attaining 0.00996 lei per kilowatt from July, according to a statement on Monday.
read more... 01/07/2014
Alstom to modernize the Russian electricity transmission and distribution grid
France’s Alstom, a world leader in transport infrastructure, power generation and electrical grid, has entered a 51/49 joint venture with Russia’s Soyuz Holding to manufacture and commercialize high voltage switchgear in order to modernize the Russian electrical grid. This agreement follows the memorandum of understanding signed in 2011.
read more... 26/06/2014
Germany considers higher green energy surcharge on industry under new amended reform
Germany wants to amend the planned reform of its renewable policy Renewable Energy Sources Act (EEG), as nation is striving to keep costs under control and to end a deadlock with the European Commission over green power subsidies.
read more... 25/06/2014
Daily: European power prices slip on colder weather, weak demand and stronger wind output
Brent crude has retreated above $114 a barrel on Tuesday, spurred by continuing violence in Iraq, supply disruptions in Libya and expectations of a slump in U.S. crude stockpiles.
read more... 25/06/2014