Latest news
Iberdrola invested EUR550 million to upgrade Spanish electricity grid
The Spanish utility Iberdrola invested EUR550 million in extending and improving electricity grid in Spain in 2011.
read more... 27/01/2012
UK: Significant milestone for the wind industry
The trade association RenewableUK has announced that UK’s wind sector has reached a landmark of 6 GW of installed capacity, being enough to supply electricity to 3,354,893 households.
read more... 19/01/2012
British Gas to slash electricity prices by 5%
British Gas announced that it will slash the electricity prices by 5% in the next days, as result of falling wholesale prices, being followed by Scottish & Southern Electricity (SSE), which will cut its gas tariff by 4.5% starting from March, 26.
read more... 16/01/2012
Energy bills in the UK to be slashed by 10%
Recent reports show that electricity and gas bills in UK are going to be slashed by 10% for millions of households due to a milder winter in Britain.
read more... 10/01/2012
EDF to boost its stake in Edison
The French electricity company EDF has inked a deal with Italian shareholders that will give it majority control in Edison, Italy’s second-biggest power supplier. Edison, which has a market value of about 4 billion euros (5.2 billion U.S. dollars), is now controlled by EDF and a group of Italian investors led by regional utility A2A, which hold their stakes through holding company Delmi. EDF unveiled in a statement that the preliminary agreement included the acquisition of Edison by EDF and the acquisition of Edipower by A2A.
read more... 30/12/2011