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Booming profits for Enel in Russian OGK-5

Italian Enel forecasts an impressive profits growth from its Russian unit OGK-5.

read more... 07/07/2010

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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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Verbund aims to reduce its debt

Verbund, the major Austrian power utility, intends to issue shares for the total sum of 1 billion euros, in order to reduce its debt.

read more... 01/07/2010

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Statoil will provide Poweo with natural gas

Poweo signed a 20-year deal with Norwegian oil company Statoil to supply the Toul plant, one of its power plants running on gas.

read more... 28/06/2010

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France power production recovers after unions strike

France suffered a 7,000 MW power output cut during massive demonstrations of union members all over the country on Thursday, including 6,000 MW losses in nuclear sector.

read more... 28/06/2010

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