Latest news
Iberdrola to sell a stake in UK power grid to reduce its debt and finance further investments
Spanish power company Iberdrola, which owns the Scottish Power, is envisaging the sale of a minor stake in its UK power grid, valued at 4.5 billion pounds ($7.3 billion), as a strategy to reduce its debt and to fund the upgrade of Scottish electricity transmission grid.
read more... 28/09/2012
UK to become a net power exporter by 2020
Britain could become a net exporter of energy within 8 years due to increasing renewable energy production and the construction of new interconnectors that will contribute to provide more power to its neighbors.
read more... 27/09/2012
RWE npower opens the Pembroke Power Station
After three years of construction, the control of the final part of the plant was delivered to the station team last week. RWE npower presented the facility as one of Europe's largest and most efficient combined cycle gas turbine plant which will provide a highly flexible and reliable source of energy, besides it will power 3,5 million homes.
read more... 20/09/2012
Didcot and Fawley power stations to be closed in 2013
RWE npower has announced that the two power stations in Oxfordshire and Hampshire which are 42 years old will be closed soon, as the EU rules required reducing greenhouse gasses emissions. The closures will occur at the end of March 2013, when the power stations will have exhausted their permitted hours of operation before they have to shut down, the energy company said.
read more... 19/09/2012
Spain approved new national energy reforms
The Spanish Cabinet has approved new national energy reforms with the objective to reduce Spain’s 24 billion euros electricity tariff deficit created after years of selling energy below the cost price.
read more... 18/09/2012