Spanish electricity bills are expected to climb by at least 10.5 percent in January, after a new benchmark price for power being set in an auction, representing a major blow for already cash-strapped consumers.
read more... 20/12/2013
Iran declared it will resume conducting nuclear negotiations with six world powers in Geneva on Thursday and Friday, after having blaming the United States blacklisting an additional 19 Iranian companies and individuals under existing sanctions.
read more... 19/12/2013
Bulgaria's Government has approved the report presented by the Energy Minister Dragomir Stoynev, regarding the need to build a new unit at the country's only nuclear power plant, Kozloduy NPP. The Bulgarian Energy Holding (BEH) intends to negotiate with US energy giant Westinghouse, which is to build the reactor with its technology.
read more... 18/12/2013
Jim Ratcliffe, the boss of one of the UK's biggest energy consumers, the chemical company Ineos, which owns the Grangemouth oil refinery in Scotland has warned that nuclear power from the Hinkley C generator, will be too costly in comparison to energy from elsewhere.
read more... 17/12/2013
France wants to restrict state-controlled utility EDF's regulated electricity tariff increases between 2% and 3% per year or less per year over the period 2015-2018, which would see a new calculation method to take effect, said an official source in the Elysée Palace.
read more... 12/12/2013