The French government approved on Wednesday the General Electric's intended 12.4 billion euro ($15.6 billion) acquirement of the majority of Alstom's electricity business.
read more... 05/11/2014
The price EDF charges competitors for its nuclear power will stay fixed until at least July 2015 when a new tariff system will be revealed, as stated by French Energy Minister Segolene Royal on Tuesday.
read more... 05/11/2014
Albania signed a $150 million loan agreement with the World Bank on Monday to improve power distribution and transmission, which it said would facilitate the return of the debt-laden sector to financial stability by 2018.
read more... 04/11/2014
Regulated electricity tariffs in France increase by 2.5 percent on November 1, in accordance with a decree published on Friday, the first increase founded on a new formula that takes into consideration market prices and not only EDF's accounting costs.
read more... 03/11/2014
Lithuania has been offered the permission to give utilities free carbon allowances for their 2013 emissions, making it the final nation to obtain European Commission authorization under a programme to aid Eastern Europe clean up its electricity sector.
read more... 30/10/2014