Latest news
German conventional power loses ground to renewable energy
North Rhine-Westphalia, the German state which hosts utilities RWE AG and EON SE and has one-third of Germany’s installed conventional power capacity, is losing its status as the country’s powerhouse as wind and solar energy begin to eclipse conventional sources.
read more... 14/05/2015
Norway suggests electricity utility unbundling
Norway wishes utilities to split their distribution and production operations, in a step towards grid consolidation, as stated by the oil and energy ministry on Wednesday.
read more... 16/04/2015
ABB wins order of $900 million to link Norwegian, German electricity grids
ABB has won orders estimated at approximately $900 million from a conglomerate including leading utilities Statnett and TenneT as well as promotional bank KfW to provide on-shore high-voltage direct current (HVDC) converter stations and the cable system in the German sector that will ease the first ever interconnection between the Norwegian and German electricity grids.
read more... 20/03/2015
RWE, E.ON close to a sale of stakes in Luxembourg’s Enovos
German utilities RWE and E.ON are close to a sale of their stakes in Enovos in a transaction that estimates the Luxembourg energy supplier at 2 billion euros ($2.28 billion), as stated by two sources familiar with the matter.
read more... 04/02/2015
Poland is eyeing creating state electricity conglomerate
Poland is eyeing merging its four biggest utilities into two companies to consolidate state-controlled power producers to help them compete with larger European rivals, while supporting the country’s dwindling coal industry, according to Treasury Minister Wlodzimierz Karpinski.
read more... 15/01/2015