Latest news
Siemens is prepared to assist in upgrading Russian power plants
German engineering company Siemens is set to take part in the modernisation of Russian power plants.
read more... 05/10/2017
Greece: Public Power Corp announced a profit decline hit by one-off charges
The first-half net profit of Greece’s Public Power Corp (PPC) fell by 75% as one-off charges outweighed its sale of power grid operator ADMIE.
read more... 28/09/2017
Chinese state grid companies will bid for Finland's Elenia
Two state-owned Chinese electricity grid companies are interested in acquiring Finland's second-biggest power distributor, Elenia Oy, in a transaction that might be valued at 3 billion euros, as stated by sources on Friday.
read more... 25/09/2017
Shell aims to enter UK electricity market
Shell Energy Europe announced its intention to enter the UK ellectricity market. For the sake of electricity supply it has applied for a licence to provide power to industrial and commercial businesses in Britain. The licence should be signed now, as planned by oil giant, in order to start supplying electricity at the beginning of next year.
read more... 19/09/2017
Poland: Energa wishes to stop purchasing renewable power certificates
According to Polish Energa calculations, an amount of around 110 million zlotys ($31.20 million) could be saved next year if it cancelled long-term contracts which were signed for purchasing certificates that displayed some of its power was produced from renewable sources.
read more... 12/09/2017