Latest news
E.ON and VNG vend their stakes in EVG to Australia’s CBA
German utility E.ON and gas company VNG AG have vended their jointly possessed regional gas grid EVG Thueringen to First State Investments, the asset management division of Commonwealth Bank of Australia (CBA), according to E.ON.
read more... 23/10/2014
Serbia: investment of 400 million euros on power grid upgrade
Serbia's grid operator EMS intends to invest 400 million euros ($507.5 million) over the next six years to improve its old electricity network and construct new connections to nations in the European Union, an EMS representative declared on Monday.
read more... 14/10/2014
UK government and Green Bank to make an investment of 74 million in a new renewable plant in Scotland
Britain's government and the Green Investment Bank intend to make an investment in a new renewable energy plant in Scotland, which will facilitate power a famous whisky distillery.
read more... 19/08/2014
France unveils its long-awaited energy transition law
The French long-awaited green energy bill was unveiled last week, being approved by the cabinet. France will mobilise about 10 billion euros ($13.41 billion) for a package of tax breaks, low-cost loans and bonuses to spur investment in renewable energy and curb the country’s oil and gas bill, according to declarations made by Energy Minister Ségolène Royal.
read more... 04/08/2014
Ofgem imposes new price controls for network operators
The UK’s energy market regulator Ofgem has imposed tougher price controls for five electricity network operators for duration of eight years, pledging to encourage investment in network upgrades and to drag down customers’ energy bills.
read more... 31/07/2014