Latest news
GDF Suez back out from Penly project.
Gerard Mestrallet, the CEO of GDF Suez, sent a letter to French Prime Minister, François Fillon, letting him know that they no longer want part in the Penly project, wrote Les Echos.
read more... 24/09/2010
Alpiq to construct a new block in Bosnia power plant
Elektroprivreda BiH (EPBiH), the state owned company in the energy sector of Bosnia, invited in March a few investors to examine the possibility of building a new block at the coal power plant in Tuzla, of a capacity of 450 MW, in a project worth 1.1 billion USD.
read more... 22/09/2010
Sri Lanka to build its first nuclear power plant
A top government official announced on Monday that Sri Lanka is planning to build its first nuclear power plant within the next 20 years in order to produce cheap power to bring in big investments and improve its post-war economy.
read more... 21/09/2010
PGE, Polish utility, signs a contract with Energa for $2.5 billion
PGE, Poland’s major utility, controlling over 40% of the electricity market, signed a transaction for 2.5 billion dollars, to acquire from the government 84% stake in Energa.
read more... 17/09/2010
Electricity tariffs in Spain
During the first semester of 2010, Spain's deficit between regulated power tariffs and generation costs widened by 2.59 billion Euros, or 20 percent more than anticipated by the regulator CNE, mainly due to the payment of subsidies for renewable energy generation.
read more... 14/09/2010