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British Gas to slash electricity prices by 5%

British Gas announced that it will slash the electricity prices by 5% in the next days, as result of falling wholesale prices, being followed by Scottish & Southern Electricity (SSE), which will cut its gas tariff by 4.5% starting from March, 26.

read more... 16/01/2012

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E.ON to invest in Brazil power

German utility giant E.ON is planning to invest some $5.5 billion in the Brazilian power plant market through local player MPX Energia, according to international news.

read more... 11/01/2012

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Energy bills in the UK to be slashed by 10%

Recent reports show that electricity and gas bills in UK are going to be slashed by 10% for millions of households due to a milder winter in Britain.

read more... 10/01/2012

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France to spend $13 billion to boost nuclear safety

While some European countries as Germany or Switzerland have decided to phase out nuclear power following the Fukushima accident, the French Autorité de Sûreté Nucléaire (ASN) concluded that there is “no objective reason” to shut down nuclear power plants in France.

read more... 09/01/2012

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Spain aging nuclear plant may stay open

According to a newspaper report released on Monday, Spain’s incoming centre-right government may allow Garona, an aging nuclear power plant, to remain operational beyond the 2013 deadline set by its predecessors, the Socialist Party. It means Spain will be out of step with countries like Germany, which already closed several nuclear plants following Fukushima’s nuclear disaster.

read more... 05/01/2012

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