The major energy provider, GDF Suez is likely to withdraw its activity from the European continent.
read more... 21/06/2012
Following the closure of nuclear power plants, Japan increased its coal and LNG imports by a fifth in May in order to deal with its energy shortage. Therefore, Japan should import as much as 90 million tons of LNG in the year through March, to generate the power needed to set off for the shut reactors
read more... 20/06/2012
The European Investment Bank (EIB) has granted a 175 million euros loan to the Spanish Red Electrica, to finance the second power interconnector between Spain and France.
read more... 19/06/2012
The Russian giant Gazprom envisages bidding for a U.K. power plant put up for sale by EDF Energy, deal which will provide the gas major with a production base in UK to complement its growing trading business.
read more... 11/06/2012
While Europe will phase out almost 150 of its nuclear power plants by 2030, in the meantime U.S. has decided to give life extensions to 71 nuclear power plants and decommission only five, according to GlobalData’s report.
read more... 08/06/2012