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Britain: SSE penalized for slow energy customer links

Britain's energy regulator Ofgem has inflicted a fine of 750,000 pounds ($1.25 million) on the power distribution division of utility SSE for the stagnant grid connection of approximately 200 clients in the period 2010-2013, as stated by the entity on Friday.

read more... 02/06/2014

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Spain: Iberdrola signed LNG contract estimated at $5.6 bln

Spanish power firm Iberdrola declared on Friday it had signed with Cheniere Energy Inc a liquefied natural gas (LNG) sale and acquisition deal estimated at $5.6 billion for a period of 20 years.

read more... 02/06/2014

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EPBIH obtains concession for 13 MW hydropower plant

Bosnia's top power utility EPBiH will construct and operate Janjici hydropower plant with a capacity of 13 megawatts, sited on the river Bosna in central Bosnia, expected to cost 72.2 million Bosnian marka ($50 million), as stated by officials on Friday.

read more... 02/06/2014

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Chinese firm proposes lowest price for Montenegro power plant

Montenegro's power utility, EPCG announced on Thursday that China's Hubei Electric Power Survey & Design Institute has proposed the lowest bid to construct a new coal-fired unit of 250 MW at its Pljevlja power plant.

read more... 30/05/2014

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Spain on the point of endorsing new renewable energy rules

The Spanish cabinet might consent on Friday a decree that will reduce renewable energy subsidies as part of an obligation to diminish a 30 billion euro ($41 billion) power tariff deficit, developed during years of maintaining prices below regulated costs.

read more... 30/05/2014

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