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Croatia inks a deal to establish power exchange

Croatia's energy market operator, HROTE, and the country's transmission system operator, HOPS, signed on 7 November 2013 an agreement on cooperation in establishing Croatia's power exchange.

read more... 12/11/2013

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Areva awarded to build Angra 3 nuclear reactor in Brazil

French state-controlled company Areva has won a €1.25bn contract from Eletrobras for the completion of the construction of the 1,405MW Angra 3 nuclear reactor in the state of Rio de Janeiro, Brazil.

read more... 11/11/2013

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RWE to lay off 2,500 jobs in Germany amid falling wholesale prices

RWE, the second largest utility in Germany, is envisaging cutting 2,500 jobs in its power generating business in Germany amid falling wholesale prices, while criticizing subsidies for renewable energy generation.

read more... 08/11/2013

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China’s power generation capacity to double by 2030

China is likely to more than double its generation capacity by 2030, with half of all new plants powered by renewable sources including large hydro, while coal will remain the most important fuel. China’s total power generating capacity would almost double by 2030 to 2.7 terawatts.

read more... 07/11/2013

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EDF’s sales up 6.9% in the nine months of 2013

French utility Electricite de France (EDF), the largest electricity generator in Europe and the biggest producer of nuclear power worldwide, registered an increase of 6.9 percent in its nine-month sales amid power prices increases.

read more... 07/11/2013

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