Latest news
Turkish electricity prices surge to the highest level in years
Turkey’s electricity prices surged to their highest level in years, as natural gas consumption was spurred by higher household demand due to cold weather.
read more... 23/12/2016
China's State Grid seals acquisition of stake in Greek electricity grid
China's State Grid, the world's largest utility, inked on Friday the acquisition of a minority stake in Greece's electricity grid operator ADMIE, China's second huge investment in the debt-laden nation in a matter of months.
read more... 19/12/2016
Germany’s Bundestag approves nuclear waste deal with four utilities
An overwhelming majority in Germany's lower house of parliament has approved a new law on Thursday which will oblige country’s top utilities pay into a 23.6 billion-euro ($24.8 billion) state fund from next year in return for shifting the liability for nuclear waste storage to the government.
read more... 16/12/2016
ERBD to grant $135m loan to enhance power distribution in north-western Turkey
The European Bank for Reconstruction and Development (EBRD) is extending $ 134.75m loan to three Turkish electricity companies, the Trakya Electricity Distribution Company (TREDAŞ), the Trakya Electricity Retail Company (TREPAŞ), and to their parent company, IC İçtaş Elektrik (ICEL), as part of its moves to enhance reforms in the country’s electricity sector.
read more... 14/12/2016
EDF advances relaunch of three reactors involved in safety investigation
French utility EDF has advanced the relaunch date of three nuclear reactors involved in a safety investigation, signaling it may have obtained the authorization from safety regulator ASN to restart production.
read more... 12/12/2016