Latest news
New contract for GDF Suez in Saudi Arabia
The French energy giant announced about the signing of a new contract for the construction of a 1730 MW power plant in Saudi Arabia. The new plant would be built as an Independent Power Project (IPP), 125 km west from Saudi Arabia capital, Al Riyadh. Simultaneously, GDF signed the contract to sell the electricity produced at this plant to Saudi Electric Company (SEC). The duration of the contract is 20 years.
read more... 16/06/2010
European spot prices decreased on weather forecast
European spot prices decreased last two days on cooler weather forecast and larger power supply.
read more... 16/06/2010
The power capacity in Germany expected to increase by 12.3%
Power producers and transmission companies reported to energy exchange EEX that German power plant availability is expected to increase by 12.3% to 60,894 megawatts (MW) in the week to June 18, according to data from the bourse published on Friday.
read more... 15/06/2010
Main projects of Plinacro, Croat gas pipeline operator
Plinacro, Croatia's state-owned gas pipeline operator has decided to invest more into infrastructure and is in discussions to participate in various European energy projects, according to its chief executive on Monday.
read more... 15/06/2010
Marine tidal current prototype to be installed off the Scottish coast by Voith Hydro and RWE Innogy
The joint venture company Voith Hydro Ocean Current Technologies, with Voith Hydro holding an 80% share and RWE Innogy a 20% share, projects to install a 1 MW marine tidal current turbine off the Scottish coast.
read more... 15/06/2010