Latest news
Spain’s recovery in power consumption
National grid operator, REE, announced that the electricity demand in Spain increased by 5.8% in April compared with the same month in 2009, after a 4.5% rise in March.
read more... 03/05/2010
PPL is buying an E.ON unit
The world’s most important company by sales, Germany's E.ON, has signed a contract, concerning the selling of its Kentucky’s based unit, to U.S. PPL, for $ 6.7 billion (5 billion Euros) in cash. This deal makes PPL shares decrease by 8%, but it will increase its business mix of regulated and unregulated operations.
read more... 29/04/2010
Nordic power prices up
Nordic electricity forward prices increased, being caused by high power and coal prices in Germany, as well as stable prices for carbon emissions.
read more... 26/04/2010
Enel in negociations with Bulgarian minister – power plant sale
The largest plant in Italy, Enel, is in negotiations with a European investor, on the sale of its stake held in a thermal power plant in Bulgaria, a share that reaches 73% in plant based on coal processing, with a capacity of 908 MW. Remaining shares are owned by the Bulgarian government.
read more... 21/04/2010
Investment of Petrom in Romanian wind power project
Petrom, the Romanian oil and gas group, intends to purchase a wind power project, looking for new opportunities for assessment of potential energy sources, insulating against the inefficiency of the existing refineries this way.
read more... 16/04/2010