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Bulgaria to slash electricity production amid weak demand and exports

Bulgarian electricity grid operator ESO ordered producers on April 4 to reduce power generation capacity as a measure to prevent the crippled system from overheating amid sharply dropping consumption and exports and to keep a balance between production and demand.

read more... 09/04/2013

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EU bank to provide 500 million loan to France

The European Investment Bank has decided to grant a loan of about 500 million euro aiming to help finance upgrades to seven of France's high-voltage and very-high-voltage power grid projects through 2016, the funds will help guarantee the quality and security of France's electricity supply, and would allow the country to add new-generation and renewable sources to its grid counting also a major investment in renewable energy sources.

read more... 22/03/2013

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EDF gets green light for the construction of Hinkley Point C nuclear reactor

The French energy major EDF got green light from UK’s energy secretary on Tuesday to build the nation’s first new nuclear power station at in Somerset in almost 20 years.

read more... 21/03/2013

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China to increase nuclear power capacity by 20% in 2013

China revealed on March 12 its plans to increase installed nuclear power capacity by 20 percent in 2013, declaring the country is developing nuclear power in a safe and efficient way, a senior energy executive has said.

read more... 14/03/2013

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EDF and UK to sign a 35-year nuclear deal

UK is planning to close a 35-year deal with French major energy group EDF which will allow the French energy utility to start building the country’s new generation of nuclear power plants.

read more... 12/03/2013

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