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Britain: SSE penalized for slow energy customer links

Britain's energy regulator Ofgem has inflicted a fine of 750,000 pounds ($1.25 million) on the power distribution division of utility SSE for the stagnant grid connection of approximately 200 clients in the period 2010-2013, as stated by the entity on Friday.

read more... 02/06/2014

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Areva worries about weak global nuclear market

French nuclear reactor builder Areva, controlled by state, is dealing with a weak global nuclear market and lack of investment possibilities, as stated by the chairman of its supervisory board in the daily Les Echos on Wednesday.

read more... 29/05/2014

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ICE Endex: German power contracts will be launched next month

German power futures and options contracts will be launched on the European energy exchange ICE Endex on June 10, as stated by the parent company Intercontinental Exchange Group on Tuesday.

read more... 28/05/2014

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Norway: Statnett welcomes UK power connection rule suggestions

Suggested UK regulations on running power links to Europe have raised the chances of setting up the first power connection between Britain and Norway, according to the statement made on Monday by Norwegian power grid company Statnett.

read more... 27/05/2014

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Italy: Ansaldo Energia to acquire British nuclear decommissioning company Nes

Italian power engineering firm Ansaldo Energia, controlled by the state, has consented to purchase British nuclear decommissioning company Nuclear Engineering Services (NES) for approximately 36 million euros ($49 million), as stated by Italy's state fund FSI.

read more... 23/05/2014

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