Latest news
EBRD to loan 253 million dollars to RusHydro
The European Bank for Reconstruction and Development agreed to provide a long-term loan to RusHydro subsidiary in Russia, worth 253 million dollars (RUB8bn). The loan is provided for 10 years and will be allocated for restructuring of a recently acquired subsidiary, OJSC Energy Systems of the Far East (ESV).
read more... 14/12/2011
Saudi Arabia to establish its 16 nuclear plants by 2030
Saudi Arabia kingdom announced that it will invest over $100 billion to restore its 16 nuclear power reactors in different parts of the country in the next coming years, Commerce and Industry Minister Abdullah Zainal Alireza told a Saudi-U.S. business forum in the U.S. city of Atlanta.
read more... 13/12/2011
EDF Energy the most complained British energy provider
The energy regulators named EDF Energy, the French owned firm, the Britain’s worst power supplier yesterday after a 74% surge in complaints.
read more... 12/12/2011
Swiss nuclear phase out to cost € 16.8 billion
A recent study published by the Federal Office of Energy showed that Swiss exit from nuclear power will cost the country about 16.8 billion euros ($22.5 billion), 10% more than estimated in 2006.
read more... 29/11/2011
France and Russia to strengthen nuclear cooperation
On 18 November, Russian and French leaders have inked a declaration on nuclear energy cooperation at a meeting of the Russian-French cooperation commission.
read more... 24/11/2011