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EDF to halt four nuclear reactors in northern England

EDF Energy will shut down temporarily four nuclear reactors at two large power plants in the north of England after a technical issue was found in boiler units.

read more... 12/08/2014

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Chinese State Grid mulls Mediterranean power network

The European Commission’s dream to continental power grids which could be able to function in unison could soon become true, as State Grid Corporation of China, the world's largest utility by revenues, has acquired minority stakes in Portuguese and Italian grid operators and is equally envisaging buying stakes in Greece and Spain.

read more... 11/08/2014

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Bulgaria boosts electricity prices, reduces natural gas

Bulgaria raised electricity prices by an average of 2 percent having as objective to control politically sensitive costs in spite of massive deficits in the Balkan country's energy sector.

read more... 07/08/2014

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Bulgaria to sign an important nuclear deal with an American company

Bulgaria, one of the five European States that is totally reliant on Russian nuclear fuel, inked a shareholder agreement with Westinghouse Electric Company, an American nuclear engineering company for the construction of a new atomic reactor estimated to cost $5 billion.

read more... 04/08/2014

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Italian state holding company Cassa Depositi e Prestiti to sell a 35% energy grid stake to China

The Italian state holding company Cassa Depositi e Prestiti (CDP) is close to strike a deal with China's State Grid Corp, including the sale of a 35 % stake in its electricity grid.

read more... 31/07/2014

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