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Total Results : 1168

CEZ eyes nuclear following Hinkley CFD approval

  • 2014-10-01 17:09:31
  • Junior Isles

Daniel Benes, Chairman and Chief Executive of Czech utility CEZ AS, has said that Brussels’ approval of the contract for difference (CFD) at the planned Hinkley Point C nuclear power plant in the UK “without question” establishes a European-wide precedent that could make other envisaged nuclear power projects profitable.

UK’s new nuclear deal gets a provisional green light from the EU

  • 2014-09-24 00:05:03
  • Junior Isles
The UK an EU negotiations on the funding of Hinkley Point C, the UK’s first new nuclear plant in a generation, have made a breakthrough, with Europe’s competition chief satisfied that the revised deal is now in line with EU restrictions on state support.

RWE to further expand its austerity programme

  • 2014-09-13 13:55:17
  • Junior Isles
German utility giant RWE AG is looking to make even deeper cuts in its conventional power generation business to fight increasingly difficult market conditions, according to German newspaper reports.

First power generated at Westermost Rough

  • 2014-09-10 19:01:59
  • Junior Isles

Electricity has been generated for the first time at Westermost Rough Offshore wind farm off the UK’s East Coast, a joint venture between DONG Energy (50%) and its partners Marubeni Corporation (25%) and the UK Green Investment Bank (25%).

ABB wins $800 million order for Caithness-Moray subsea HVDC link

  • 2014-09-09 21:54:46
  • Junior Isles

ABB has won an order worth over $800 million from Scottish Hydro Electric (SHE) Transmission plc to provide the Caithness-Moray high-voltage direct current (HVDC) power transmission link, which will connect the electricity grid on either side of the Moray Firth in northern Scotland.

Scottish Siccar Point Energy sees $500 million investment

  • 2014-09-01 20:37:37
  • Junior Isles
Private equity firms Blackstone and Blue Water Energy have revealed that they are to jointly back a $500 million investment in Siccar Point Energy, a new North Sea-focused oil company.

Carbon prices enter bullish corridor

  • 2014-08-20 23:35:26
  • Junior Isles

With prices hitting a five-month high of €6.50, energy intelligence provider ICIS Tschach has predicted a sustained increase in the price of European Trading Scheme (ETS) allowances.

First 6 MW turbine erected at Westermost Rough

  • 2014-08-15 15:34:58
  • Junior Isles

The first of 35 Siemens 6 MW turbines has been successfully erected at the Westermost Rough offshore wind farm, a joint venture between DONG Energy (50%) and its partners Marubeni Corporation (25%) and the UK Green Investment Bank (25%).

Enel aims to acquire Endesa Latin America asset

  • 2014-08-01 13:08:38
  • Junior Isles

Italian electric utility Enel wants to buy the entire Latin American operation of its Spanish subsidiary, Endesa, as part of a reorganisation plan, Endesa has said.

Centrica and Dong scrap 4.2 GW Celtic Array offshore wind project

  • 2014-07-31 19:06:25
  • Junior Isles
Centrica and Dong Energy have announced they are abandoning plans to jointly develop up to 4.2 GW of offshore wind generation the Irish Sea, the Celtic Array, due to ‘challenging conditions’ which pushed up project costs.

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