Latest news
France to face a gap in power generating capacity
The grid operator Reseau de Transport d’Electricité (RTE) announced that in three years France will face a gap in power generating capacity due to the closure of two nuclear reactors and some fossil fuel power plants. In his report RTE added that power will be assured until 2015 when as much as 7.6 GW of coal and heating fuel-fired power plants may be turned-off.
read more... 06/09/2012
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
Green energies will add a third to German’s bills by 2020
According to Vattenfall Europe chief, Tuomo Hatakka, German energy bills will increase up to 30% to 2020 as they must, ultimately, pay rising subsidies for renewables which are paid above market rates under the law while new transmission grids carrying the power from remote places to consumption centres will also need to be financed.
read more... 28/08/2012
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
Germany will stop to subsidize new fossil fuel-fired power plants
The German government announced on Monday it will not continue to incentivize the construction of new fossil fuel-fired plants by contributing up to 15% of the investment costs.
read more... 22/08/2012