Latest news
RWE to record a loss of 3 billion euros
German utility RWE expects to register a net loss of about 3 billion euros ($4 billion), as stated on Thursday in the digital edition of German newspaper Handeslblatt, referring to management board sources.
read more... 28/02/2014
UK high energy costs discourage manufacturers
Energy manufacturers in UK are very negative about high costs issue, according to a new study.
read more... 27/02/2014
Centrica profits drop since 2% of customers spread out
Centrica’s profits fell 2% in 2013, whereas profits at its residential supply division British Gas reduced by 6%, mainly because of intense political and media scrutiny on the energy sector in the UK, as stated by the company’s chief executive, Sam Laidlaw.
read more... 24/02/2014
Iberdrola to invest more abroad and less in Spain
Spanish Iberdrola, the world’s major wind power generator, has expressed its disapproval regarding the latest energy market reform announced by the Spanish government, declaring that the changes in the energy policy will discourage important investment. The company’s net earnings reduced 7% in 2013, as a result of Spanish regulatory modifications and fiscal measures.
read more... 20/02/2014
Renewables and nuclear account for more than 50% of Europe’s energy capacity
According to a new report released by Eurostat this February 17, nuclear power and renewables represent more than 50% of Europe's energy capacity.
read more... 18/02/2014