Latest news
Spain’s Garona shuts down
Spain’s oldest nuclear plant Garona, suffers shutdown due to a new energy tax imposed by the government. After years of selling power below costs, Spain’s government decided to introduce higher taxes on electricity generation as a measure to deal with a 24 billion euro energy tariff deficit.
read more... 17/12/2012
Main aspects of British proposed power market reform
Britain proposed legislation for a major overhaul of its electricity market that will encourage investment in low-carbon types of energy to help meet legally binding emissions-reduction targets. The government faces the challenge of keeping bills affordable for consumers while ensuring intermittent renewable energy is backed up by stand-by power plants and safeguarding tax revenues from oil and gas exploration.
read more... 12/12/2012
CEZ expects record nuclear power output in 2012, 2013
Czech Republic’s largest power producer announced on Tuesday that both of its nuclear power plants are on the way to hit new record power generation this year and next, as it cuts fossil fuel-generated power production.
read more... 11/12/2012
Russia to build two new reactors in China
Russian Prime Minister Dmitry Medvedev and Chinese Prime Minister Wen Jiabao, signed a protocol, on Thursday, for the construction of what will be the third and fourth reactors at the Tianwan nuclear power plant, and discussed also the possibility of building floating nuclear power plants.
read more... 10/12/2012
Verbund and E.ON. ink an asset swap deal
The biggest Austrian energy company Verbund signed a deal with the E.ON. Renewable in Germany to acquire eight German hydro power plants located on the Inn and Danube Rivers.
read more... 05/12/2012