Latest news
South Korea to develop two 3,000 MW nuclear plants to cut coal reliance
The South Korea Government envisages increasing its nuclear reactor fleet by two more units, as the country wants to get rid of coal power and to focus on technologies with lower greenhouse gas emissions.
read more... 15/06/2015
Verbund CEO considers that electricity prices might double in long term
The chief executive of the utility Verbund focused on hydropower thinks that German-traded electricity tariffs might double to 60 euros ($67.08) per megawatt-hour (MWh) in the long term, as soon as German nuclear power plants go offline as scheduled.
read more... 15/06/2015
EU regulators consider GE’s Alstom power agreement would harm competition
General Electric Co might need to propose bigger concessions to win European Union support for its acquirement of Alstom SA's electricity unit since regulators intend to inform the U.S firm that the agreement would harm competition, as stated by two people familiar with the matter on Thursday.
read more... 12/06/2015
Deutsche Boerse institutes European intraday electricity platform
Stock exchange operator Deutsche Boerse on Tuesday declared it has inked an agreement with five European energy exchanges to establish and run a joint platform to trade within-day electricity from 2017.
read more... 10/06/2015
Electricity producer Drax affected by weak prices
Drax has forward vended some of its power for this year at a 1.8 percent rebate to prices attained earlier this year denoting the British electricity producer is continuing to be affected by weak power prices.
read more... 09/06/2015