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Spain government considers increasing subsidies for gas-fired power plants to prevent further closure of facilities

The Spanish government aims to increase the aid for under-used gas-fired power plants in order to avoid utilities’ closures around the country.

read more... 26/03/2014

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UK: break-up threat for six energy companies

Six major energy firms in Britain are likely to face the threat of split-up this week. The companies are expected to be consigned by their energy regulator Ofgem to the new Competition and Markets Authority (CMA), as published in the Sunday Times.

read more... 24/03/2014

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Bosnia: 52% increase in power exports due to hydropower gains

Bosnia’s electricity exports registered a significant increase of almost 52% in 2013 attributable to gains in hydropower production, according to data presented by the government on Thursday, accentuating its position as the major power exporter in the Western Balkans.

read more... 21/03/2014

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EDF UK: returns on nuclear agreement likely to be much higher than usual

The EDF’s first nuclear reactor in Britain might generate for the French utility and the investors two-decade profits, supported by government, expected to be much higher than returns from other projects, as stated in a report.

read more... 18/03/2014

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E.ON, ENEL to close more plants because of European power crisis

Two of Europe's major power companies, E.ON and Enel, declared on Wednesday they intend to close more plants and reduce costs, joining competitors in warning that the industry crisis will influence profits in the years to come.

read more... 14/03/2014

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