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New record for renewable energy in Spain

Spanish renewable electricity settled a new record, reaching 40% of total national electricity production in the last 6 months.

read more... 06/07/2010

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GDF Suez intends to buy electricity from EDF at 35 Euro per MWh

GDF Suez intends to purchase nuclear-generated electricity from its rival EDF for the price as low as 35 euros per MWh, if the law forces EDF to sell a quarter of its nuclear power production.

read more... 02/07/2010

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France among the less polluter in the world

With an annual amount of 9 tons of CO2 emissions per inhabitant, France has lower CO2 emissions than other most developed countries, due to the dominance of non-releasing gas emissions generating power sources: nuclear (77%) and hydroelectricity (12%).

read more... 21/06/2010

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Solar and offshore wind capacity objectives of Spain to be lowered

Spanish solar and offshore wind capacity targets have been reduced, though keeping the goal of deriving 20 percent of its electricity from renewable energy.

read more... 16/06/2010

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New contract for GDF Suez in Saudi Arabia

The French energy giant announced about the signing of a new contract for the construction of a 1730 MW power plant in Saudi Arabia. The new plant would be built as an Independent Power Project (IPP), 125 km west from Saudi Arabia capital, Al Riyadh. Simultaneously, GDF signed the contract to sell the electricity produced at this plant to Saudi Electric Company (SEC). The duration of the contract is 20 years.

read more... 16/06/2010

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