Latest news
Statoil: 75% of gas sold to Europe at spot prices
Norway's Statoil, Europe's second major gas supplier, currently vends approximately 75% of its gas at spot prices, in a budge from oil-related prices that has aided it obtain market share but strike profits this year, as stated by its gas trading manager.
read more... 01/09/2014
ERDF to select six suppliers to produce the new Linky meters
French electricity distribution company ERDF, a unit of state-controlled utility EDF, appointed six suppliers as a part of a tender to manufacture the first three million of its new Linky smart power meters, according to French daily Les Echos.
read more... 28/08/2014
EDF Energy fined for mismanaging user complaints
EDF Energy, one of Britain's six most important energy suppliers, will pay 3 million pounds ($5 million) penalty to help vulnerable clients after regulator Ofgem found the firm blameworthy of violating complaint handling rules.
read more... 25/08/2014
UK's Labour Party to offer Ofgem power to eliminate energy supplier licences
Britain's opposition Labour Party has promised to offer energy regulator Ofgem the authority to annul electricity and gas suppliers' licences if they constantly violate rules and harm their customers.
read more... 21/08/2014
Trina Solar to buy a 49.9 MW solar power plant in England
China-based Trina Solar, a global leader in photovoltaic modules, solutions and services, unveiled the acquisition of a 49.9 MW utility-scale ground-mounted power project in Norfolk, eastern England from UK renewable energy supplier Good Energy Group.
read more... 13/08/2014