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Centrica’s British Gas has to pay $9.4 million

Centrica's British Gas, the focus of an anti-trust examination next to Britain's other big energy companies, will pay approximately 5.6 million pounds ($9.4 million) to fix past errors which had stopped business clients from changing suppliers in the period between 2007 and 2012, as declared on Thursday by Energy watchdog Ofgem.

read more... 11/04/2014

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Slovakia: budget raise to finish Mochovce nuclear plant approved by government

The Slovak government has consented to increase the budget by 400 million euros to 3.8 billion euros for the conclusion of two new divisions at the Mochovce nuclear power plant, according to the company which is responsible for building the plant.

read more... 10/04/2014

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UK warns it may possibly not purchase power from an independent Scotland

Britain may possibly not purchase power from an independent Scottish state if imports from other markets are less expensive, according to the warning made by UK government, pressuring Scotland five months before its sovereignty vote.

read more... 10/04/2014

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Britain’s free energy market threatened by pricing investigation

An analysis of potential price complicity by British energy suppliers will probably destabilize the market structure that has aided them to become more important than their European competitors.

read more... 09/04/2014

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Fortum: Norwegian power distribution business likely be sold to Hafslund

Finnish utility Fortum declared on Wednesday it intends to vend its Norwegian electricity distribution business and its share in Fredrikstad Energi and Fredrikstad Energi Nett to Hafslund based in Norway.

read more... 09/04/2014

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