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Scottish Power grid upgrade to create 1,500 jobs

The energy supplier Scottish Power envisages modernizing 500 miles of overhead lines in the next ten years, as Spanish power utility Iberdrola plans to invest GBP 3 billion (EUR 3.411bn) in the upgrade of Scottish power grid.

read more... 18/08/2011

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Daily energy Overview, Wednesday, August 17, 2011

U.S. and Brent crude oil futures shed on Tuesday on indicating data about a decrease in gasoline stocks more than expected previous week and a failed summit between German and French leaders to present a solution to avoid the debt crisis.

read more... 17/08/2011

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GM inked an agreement with A123 for EV batteries

General Motors (GM) recently announced that it signed a contract with A123 Systems for the production of batteries aimed to be used in the next generation of GM’s electric cars. A123 is a developer and manufacturer of lithium ion batteries and systems. Under the signed agreement, the company will produce fully integrated electronic components.

read more... 17/08/2011

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EDF to compensate 100, 000 customers billed incorrectly

EDF Energy recognized that it overcharged 100, 000 customers for their electricity bills, following a fault with its automated telephone meter reading system, during a seven year period.

read more... 17/08/2011

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Npower the fifth energy supplier to hike energy prices

Npower, owned by RWE, is the fifth energy supplier to hike its tariffs, affecting some 3.3 million customers, following Scottish and Sothern Energy, Scottish Power, British Gas and E.ON.

read more... 17/08/2011

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