Latest news

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

news

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

news

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

news

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

news

EDF Extend life of Hunterston B nuclear power plant until 2023

Hunterston B nuclear power plant has been operating since 1976, and has a combined capacity of 890,000kW. It had been scheduled to close in 2016, but yesterday, power firm EDF Energy has announced that the operating life of Hunterston B nuclear power station in Ayrshire has been extended by seven years.

read more... 04/12/2012

news