Latest news
South Korea's KEPCO in negotiations for stake in UK nuclear project
Korea Electric Power Corp (KEPCO) is in discussions to acquire a stake in Toshiba's NuGen nuclear project in Britain, as stated by a KEPCO executive on Wednesday, a move that could throw the troubled project a life-line but also postpone its start.
read more... 29/06/2017
Hinkley Point could be the single new nuclear plant
The manager of one of Britain’s major utilities declared on Monday that EDF’s scheduled Hinkley Point nuclear power station is likely to remain the only one to continue in the UK.
read more... 21/06/2017
UK: Ofgem will reduce subsidies for small power generators
Britain’s energy regulator Ofgem declared on Tuesday it will cut subsidies to several small electricity producers that offer back-up during peak demand. According to Ofgem, this move would reduce household electricity bills by around 20 pounds a year, since the cost of the subsidies is included in overall network fees charged to power companies, which these pass on to consumers.
read more... 20/06/2017
Statkraft will start sale of its stakes in two UK wind parks
Norway's state-owned electricity company Statkraft will this month offer for sale its stakes in two wind parks off Britain's coast, Sheringham Shoal and Dudgeon, and wants to reach an agreement early in 2018, as stated by a spokesman for the firm on Tuesday.
read more... 15/06/2017
DONG Energy will integrate batteries into UK offshore wind park
Danish state-run utility and wind power developer DONG Energy will install a battery system at its Burbo Bank Offshore wind park off the coast of Britain to help supply stable supplies to the grid, it declared on Wednesday.
read more... 08/06/2017