Latest news
Vattenfall to build a 576 MW offshore wind farm in North Sea
The Swedish utility Vattenfall AB is planning to build an offshore wind farm off the island of Sylt in the North Sea, aimed to supply 500,000 or more German households with electricity.
read more... 29/11/2011
Latest evolutions on the German retail energy market
Here is the latest news on electricity and gas price changes and users switching suppliers in Germany, a market of 40 million households supplied by 1,100 power and 770 gas companies.
read more... 29/11/2011
German exit from nuclear to drive Swedish power prices up
Germany’s early phase-out from nuclear power in response to the Fukushima nuclear crisis could lift Swedish power prices. Higher prices in the German wholesale electricity market caused by a shift to fossil fuel-fired power generation could lift Swedish electricity prices in case of dry weather conditions depleting Swedish hydroelectric stocks and ending up in power imports from Germany.
read more... 22/11/2011
EU Energy community to benefit from the Third Energy Package
The European Union Third Energy Package was recently approved by the Ministerial Council of the Energy Community relative to the internal electricity and gas market, known also as TEP Decision. Now energy investors across South East Europe will have to act in accordance with this new decision. Following that, Energy Community contracting members have to transpose it into a national law by January 2015.
read more... 14/11/2011
France likely to cut nuclear power by 2030
The French Electricity Union (UFE) announced on Monday, that by cutting the share of nuclear in French’s energy mix to 50 percent by 2030, down from three quarters at present, would account for 60 billion Euros. Also, the move could induce a significant increase in bills by about 33% for households and by 41 percent for businesses compared to 2010.
read more... 09/11/2011