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Germany signs initial contract to build first LNG terminal

The German state bank KfW and the Dutch utility Gasunie have signed a memorandum of understanding (MoU) on the construction of the first LNG terminal in Brunsbüttel, Germany.

read more... 07/03/2022

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Slovakia receives counterproposal to nuclear energy tax from utility SE

Slovakia's dominant utility has submitted a counterproposal to plans for a tax on "excess profit" on nuclear power output due to be discussed in Parliament this week, the Economy Ministry said on Monday.

read more... 15/02/2022

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Poland's PGE plans share issue to fund coal-to-gas switches, solar, wind development

Polish utility PGE is planning to raise Zloty 3.2 billion ($800 million) through a share issue to partially finance coal-to-gas switching and the development of its onshore wind and solar PV portfolio, as well as modernize its distribution network, it said Jan. 19.

read more... 20/01/2022

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Scottish wind sale nets nearly $1 billion with Shell, BP among winners

BP , Shell and utility Iberdrola were among the winners of seabed rights to develop Scottish offshore wind projects, in an auction which raised nearly 700 million pounds ($958 million) for public spending.

read more... 18/01/2022

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British nuclear plant Hunterston B to close after 46 years

Utility firm EDF has announced that it will be winding down operations at Hunterston B, one of the UK’s most productive nuclear power stations, after cracks were found in the core of its reactors.

read more... 10/01/2022

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