Latest news
E.ON and RWE give up their plans to develop UK nuclear plants
German utilities giants E.ON and RWE have decided to suspend their plans to build new nuclear plants in the UK.
read more... 30/03/2012
E.ON to post the heaviest loss in its history on German nuclear phaseout
Germany’s biggest utility E.ON has registered the heaviest loss in the company’s history in 2011, being hit hardly last year by German government’s decision to close eight of Germany’s 17 nuclear reactors after the Fukushima nuclear disaster in Japan.
read more... 15/03/2012
UK to put nuclear on the same footing with renewable energy after 2020
The UK government aims to put nuclear power on the same footing with renewable energy, move that could bring a huge blow for the renewable industry.
read more... 13/03/2012
1 billion dollars hydro project deal
The Government of Cameroon and Joule Africa had inked a memorandum of understanding for the development of a hydroelectric project worth 1 billion dollars in Cameroon.
read more... 12/03/2012
Enel to cut costs in order to reduce debt
Enel plans cuts in its dividend payouts and investments over the next five years in order to diminish its debt and keep its credit rating. Mentioning over the share price fall, Fulvio Conti, the chief executive announced the 2012-16 business plan which establishes lower expected growth targets amid a cloudy outlook for Italy and Spain which was needed to clear the situation.
read more... 09/03/2012