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Wien Energie to build first geothermal heating plant in Vienna, Austria

The green light has been given to proceed with the first geothermal heating project in Vienna, Austria. This project will be undertaken by Vienna’s city utility, Wien Energie, and will see the construction of a geothermal heating plant on the outskirts of Seestadt Aspern.

read more... 16/11/2022

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Fortum considers building new nuclear power in Finland and Sweden

Finnish utility Fortum said on Monday it will begin a two-year feasibility study to explore the potential for building new nuclear power stations in Finland and Sweden.

read more... 18/10/2022

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Germany takes 99% Uniper stake as takeover confirmed

The German government will acquire 99% of the country’s struggling utility Uniper following a takeover deal agreed with its Finnish parent Fortum, the companies confirmed in a statement on Wednesday.

read more... 21/09/2022

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Portugal to let households move to cheaper regulated gas tariffs

Portugal's government will allow households and small businesses that buy natural gas in the liberalised market to move to regulated tariffs and avoid huge price increases announced by utility companies, the energy minister said on Thursday.

read more... 29/08/2022

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Spain's Iberdrola terminating thousands of French retail power contracts as prices soar

Spanish utility Iberdrola is terminating power contracts with thousands of its French customers because of unprecedented power price rises, it said in a letter seen by Reuters.

read more... 22/08/2022

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