Latest news
EDF Energy to increase its nuclear investment in UK
While the majority of energy companies are phasing out the nuclear energy, EDF Energy announces that it will increase its current 300 million pound investment on UK nuclear plants in order to adopt extra safety rules imposed by the British energy watchdog, following the Fukushima nuclear disaster.
read more... 16/12/2011
EBRD to loan 253 million dollars to RusHydro
The European Bank for Reconstruction and Development agreed to provide a long-term loan to RusHydro subsidiary in Russia, worth 253 million dollars (RUB8bn). The loan is provided for 10 years and will be allocated for restructuring of a recently acquired subsidiary, OJSC Energy Systems of the Far East (ESV).
read more... 14/12/2011
Saudi Arabia to establish its 16 nuclear plants by 2030
Saudi Arabia kingdom announced that it will invest over $100 billion to restore its 16 nuclear power reactors in different parts of the country in the next coming years, Commerce and Industry Minister Abdullah Zainal Alireza told a Saudi-U.S. business forum in the U.S. city of Atlanta.
read more... 13/12/2011
EDF Energy the most complained British energy provider
The energy regulators named EDF Energy, the French owned firm, the Britain’s worst power supplier yesterday after a 74% surge in complaints.
read more... 12/12/2011
Swiss nuclear phase out to cost € 16.8 billion
A recent study published by the Federal Office of Energy showed that Swiss exit from nuclear power will cost the country about 16.8 billion euros ($22.5 billion), 10% more than estimated in 2006.
read more... 29/11/2011