Latest news
Spain: Iberdrola will purchase UIL Holdings for approximately $3 billion
Spanish utility Iberdrola SA will purchase UIL Holdings Corp for approximately $3 billion to form a new listed power and electric utility and develop in the United States.
read more... 26/02/2015
EC: GE – Alstom deal may cripple the major competitors in heavy-duty gas turbines business
EU antitrust regulators launched on Monday a full-scale investigation into General Electric’s €12.4bn (£9.1bn) bid for Alstom’s power equipment business.
read more... 24/02/2015
Italy intends to eliminate standard power pricing from 2018
Italy plans to scrap the standard power and gas tariff regime for households and small companies from 2018 as part of efforts to liberalize the retail electricity market, as stated on Friday by the Industry Minister Federica Guidi.
read more... 23/02/2015
EEX expects growth in Italian gas and electricity trading
The European Energy Exchange (EEX) anticipates Italy's energy trading market to develop and intends to launch gas contracts there since more firms transfer from bi-lateral supply agreements to market alternatives, as stated by its chief executive on Wednesday.
read more... 12/02/2015
EDF 2014 net profit increased by 5.2% on strong nuclear production
French power utility EDF declared on Thursday net income increased by 5.2 percent to 3.70 billion euros since production at its nuclear plants surpassed projections and despite a drop in electricity consumption because of mild weather.
read more... 12/02/2015