Latest news
Baltic electricity grids to harmonize with European system by 2025
The Baltic states of Lithuania, Latvia and Estonia have decided a roadmap to connect their electricity systems with those of other European Union members by 2025 since they aim to cut their reliance on Russia.
read more... 15/12/2014
Czech company EPH struggles for E.ON’s Italian assets
Privately-held Czech energy group EPH would like to acquire several Italian assets put on sale by German utility E.ON, potentially pitting it against France’s EDF in a 2 billion euro ($2.5 billion) battle, as stated on Thursday by two sources familiar with the situation.
read more... 12/12/2014
Hungary and Russia ink agreement for nuclear plant development
Hungary and Russia will begin working next year on developing the central European country's single nuclear power plant with two 1,200 megawatt blocks, which are likely to start operating in 2025 and 2026, as stated by a Hungarian government representative on Tuesday.
read more... 10/12/2014
CEZ: earnings in decline due to sector modifications
Czech power producer CEZ will make lesser profits in the future since it gets used to changes in the industry, as stated by its CEO in an interview published on Saturday in a newspaper.
read more... 08/12/2014
EDF ought to double nuclear electricity sales to rivals
French power utility EDF must be obliged to double the share of nuclear electricity production it vends to competitors from a quarter to up to half so as to raise competition, as stated by GDF Suez's chief executive on Thursday.
read more... 05/12/2014