Latest news
France published a decree to impede foreign takeovers of strategic companies
The French government has proclaimed a decree permitting it to impede any foreign takeovers of French firms in "strategic" industries, such as energy, transport, water, telecommunications and health sectors, this way putting up a barrier to General Electric's intended $16.9 billion offer for Alstom's energy assets.
read more... 15/05/2014
Europe forms single power market covering 70% of customers
Power grids and exchanges in southern and north-western Europe connected markets on Tuesday covering approximately 70 percent of European customers, which will contribute to unified power pricing while diminishing risks of supply.
read more... 14/05/2014
Germany: warning of the medium-sized groups on high-energy costs
The mid-sized industrial conglomerates in Germany warned on Monday that elevated energy costs generated by the country's move towards renewable power would damage their competitiveness over the next two years and appealed to the government to put a restriction on prices.
read more... 13/05/2014
Shanghai Electric acquires stake in Italian power engineering company
Shanghai Electric Group has decided to acquire 40 percent of power engineering company Ansaldo Energia estimated at 400 million euros ($555 million), turning into the latest Chinese firm to purchase into Italy's economic revival.
read more... 09/05/2014
Germany: reserve power plan for 3 winters ahead
Germany's energy regulator Bundesnetzagentur defined on Friday plans for reserve power capacity for the next three winters in order to guarantee grids stability as a result of the shutdown of the nuclear plants and irregular renewable power raises.
read more... 05/05/2014