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Georgia Power becomes first US retail electric utility to offer Green Bonds

  • 8 years ago (2016-03-10)
  • David Flin

Georgia Power has announced that it has completed the issuance of $325 million of Green Bonds, becoming the first retail electric utility in the USA to offer this type of security to support investment into renewable generation.

Natural gas-fired power generation to exceed coal in USA in 2016

  • 8 years ago (2016-03-09)
  • David Flin

The US Energy Information Administration (EIA) has, in its latest monthly Short Term Energy Outlook, said that it expects lower natural gas prices to result in natural gas powering 33.4 per cent of US electricity generation in 2016, compared with 32 per cent for coal.

Bechtel and BWXT join forces for SMR development

  • 8 years ago (2016-03-08)
  • David Flin

Bechtel has announced that it will join forces with BWX Technologies to accelerate development of a factory-built nuclear reactor with the goal of producing the world’s first viable Generation III plus plus modular nuclear power plants.

Hinkley Point C nuclear power project under threat

  • 8 years ago (2016-03-07)
  • David Flin
The £18 billion Hinkley Point C nuclear power project in the UK appeared to be in difficulties after reports that Thomas Piquemal, Finance Director of EDF, had resigned.

Npower to cut one fifth of its UK workforce

  • 8 years ago (2016-03-07)
  • David Flin

The British utility Npower , a subsidiary of the German RWE, will announce that it will cut 2500 UK jobs, more than 20 per cent of its UK workforce.

The UK, Germany and France push for more stringent EU emission targets

  • 8 years ago (2016-03-04)

In a meeting between European environmental ministers, the UK, Germany and France together pushed for stronger targets for the reduction of greenhouse gases in the EU, a stance that led to clashes with other central and eastern European (CEE) states as well as the EU executive.

Croatia considers floating LNG terminal

  • 8 years ago (2016-03-02)

NRG reports $6.4 billion loss

  • 8 years ago (2016-03-01)
  • David Flin

NRG has announced that it posted a total loss of $6.36 billion in the fourth quarter of 2015, with more than $5 billion in write-offs stemming from the company’s struggling commodities business.

GE completes divestment of power generation assets to Ansaldo Energia

  • 8 years ago (2016-03-01)
  • David Flin

GE has closed its transaction to divest select power generation assets to Ansaldo Energia .