Latest news
E.ON to expand in the U.S solar market
German utility E.ON wants to expand in the U.S. solar market and is planning to install a capacity of 120 MW annually from 2015, said Mike Winkel, the CEO of the company’s renewable unit. The first photovoltaic plant that E.ON will build in the U.S. will be located in Arizona and will have a total capacity of 8 MW.
read more... 05/09/2012
EDF in talks with China for building new nuclear reactors in UK
EDF, the French utility, which owns and operates eight of Britain's ten nuclear-power stations, plans to expand two of these sites by building four new nuclear reactors at Hinkley Point, Somerset.
read more... 03/09/2012
E.ON will not build new gas or coal plants in Western Europe
Germany’s largest utility announced its intent not to build new power capacity based on coal or gas in Western Europe at least until 2020 because the market seems to become oversupplied until the last remaining German nuclear reactors will be shut down permanently, while in Eastern and Southern Europe the situation is different.
read more... 29/08/2012
UK: SSE customers to see their energy bills up 9%
SSE, UK energy utility, announced that from mid-October electricity and gas bills will increase by 9%, blaming higher energy network costs, regulation and higher commodity prices. Around half of the cost of SSE's energy bills is determined by wholesale levels.
read more... 24/08/2012
Novatek will sell natural gas to Germany’s EnBW
Russia’s second largest gas company Novatek has confirmed that it has entered in a long-term gas supply deal with Germany’s third largest electric utility Energie Baden-Württemberg (EnBW). Under the new contract, Novatek will supply about 2 billion cubic meters of gas per year to EnBW starting in October 2012 and for the next ten years to follow.
read more... 15/08/2012