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Hidroelectrica will invest 3 billion Euros over the next 7 years

Romanian hydropower company Hidroelectrica will invest 3 billion Euros over the next seven years in building 50 new units and upgrading several current ones.

read more... 10/09/2010

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A new electricity levy from 2017 in Germany

The conservative lawmaker, Joachim Pfeiffer, said on Thursday that a new levy related to the power cost will be paid by German nuclear electricity providers from 2017.

read more... 10/09/2010

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Sale of the UK power distribution networks approved by EDF

The sale of the UK electricity distribution networks of EDF group to the Cheung Kong group was approved by EDF’s Board of Directors on September 8th, following its final offer of 29 July, worth 3.2 billion sterling pounds in equity, meaning 6.8 billion Euros in net debt reduction for EDF.

read more... 09/09/2010

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Energy Market Overview

On Wednesday, European carbon emissions futures increased to 15.90 euros per tonne on firm German electricity, while benchmark certified emissions reductions increased 7 cents to 14.21 euros per tonne.

read more... 09/09/2010

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The Italian power demand in August dropped by 2.5%

The power demand in Italy for August month dropped 2.5% arriving at 24.7 billion KWh, caused by cooler weather, according to the Italian grid operator Terna on Monday.

read more... 08/09/2010

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