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GDF Suez intends to buy electricity from EDF at 35 Euro per MWh

GDF Suez intends to purchase nuclear-generated electricity from its rival EDF for the price as low as 35 euros per MWh, if the law forces EDF to sell a quarter of its nuclear power production.

read more... 02/07/2010

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Czech companies will build gas storages for trading

An investment Czech group decided to build gas storage of 180 million cubic meters in the middle of the country.

read more... 02/07/2010

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Initiative to create the Mediterranean Carbon fund

A group of investors study the possibility of the creation of a Carbon fund within the Union of Mediterranean, the Mediterranean Carbon Fund (MCF), in order to support low-carbon and no-carbon ecological projects.

read more... 01/07/2010

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EDF and TOTAL will decide on LNG terminal construction this year

EDF and Total announced that the final decision about investment in the LNG plant in northern France will be taken by the end of this year.

read more... 01/07/2010

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Verbund aims to reduce its debt

Verbund, the major Austrian power utility, intends to issue shares for the total sum of 1 billion euros, in order to reduce its debt.

read more... 01/07/2010

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