Latest news
Germany to compensate utilities for nuclear phaseout losses
The German cabinet has agreed to grant compensation of up to EUR1 billion (USD1.17 billion) to the utilities forced to shut down their nuclear power plants by the Energiewende, or energy transition, that the government of Chancellor Angela Merkel introduced in response to the Fukushima Daiichi nuclear power plant accident in Japan in March 2011. At that time, Germany was obtaining around a quarter of its electricity from 17 nuclear reactors operated by EnBW, EOn, RWE and Vattenfall.
read more... 28/05/2018
GE to construct 1GW Ostroleka C ultra-supercritical coal power plant in Poland
Under the terms of engineering procurement and commissioning (EPC) accord, GE-controlled group will build the Ostroleka C ultra-supercritical (USC) coal-fired power plant for Polish state-run utilities Energa and Enea.
read more... 06/04/2018
Polish utilities aim to increase thermal coal imports, while US coal is not pricing in
According to market sources, Polish power utilities aim to import more seaborne thermal coal because of weaker levels of domestic production.
read more... 16/03/2018
Swiss hydropower utilities might benefit from 38% water fee reduction
The Swiss government proposed on Thursday to reduce the maximum fee that hydropower utilities pay for water use to mountainous cantons by almost 38%. For a transition period from 2020 to 2022, 80 utilities will pay for water use only 80 Swiss francs ($82.32) per gross kilowatt usage from existing 110 francs.
read more... 23/06/2017
Hinkley Point could be the single new nuclear plant
The manager of one of Britain’s major utilities declared on Monday that EDF’s scheduled Hinkley Point nuclear power station is likely to remain the only one to continue in the UK.
read more... 21/06/2017