Norwegian power grid operator Statnett will begin to build a new high-voltage electricity connection to the country's north in 2016, it declared on Thursday, bringing more power to what might develop as the country's new oil province.
read more... 04/05/2015
Nasdaq Commodities told traders on Wednesday its clearing house would stop admit non-backed bank guarantees as security next year to comply with EU regulations, eliminating "a pillar" of the Nordic electricity market that could touch 60 percent of its participants.
read more... 30/04/2015
Hurt by decreased electricity, Vattenfall will slash 1,000 jobs and close its two oldest nuclear reactors earlier than intended, as stated by the Swedish state-owned utility on Tuesday.
read more... 29/04/2015
Bulgaria's state-owned Independent Bulgarian Energy Exchange (IBEX) has inked a cooperation deal with Europe's main power market Nord Pool Spot intended at establishing the Balkan country's first day-ahead power exchange, as it declared on Wednesday.
read more... 23/04/2015
French state-owned nuclear conglomerate Areva declared it has ordered an external evaluation of its Creusot Forge division to find the origins of possible flaws in its practices and quality control.
read more... 22/04/2015