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Total Results : 1168

Competition regulator deals blow to Australian asset disposal

  • 2014-03-05 18:03:52
  • Junior Isles

An Australian regulator blocked a A$1.5 billion ($1.34 billion) deal by New South Wales to sell a power company on competition concerns, dealing a blow to the state's plans for a series of asset disposals this year to fund new road and rail projects.

UK announces Shell deal for gas-fired CCS project

  • 2014-02-27 08:42:43
  • Junior Isles
UK Deputy Prime Minister Nick Clegg and Energy Secretary Ed Davey have announced the signing of a multi-million pound deal with Shell to begin retrofitting the Peterhead gas-fired power plant with carbon capture and storage technology.

German utilities split on government capacity payments

  • 2014-02-16 09:36:56
  • Junior Isles
German utilities are divided over whether the government should pay generators ‘capacity payments’ to keep uneconomic plants running to ensure peak demand can be met.

AGL Energy to acquire Macquarie Generation

  • 2014-02-13 07:48:18
  • Junior Isles
The New South Wales government is to sell thermal coal generator Macquarie Generation to AGL Energy, Australia’s largest gas and electricity retailer, for A$1.5 billion ($1.3 billion) despite concerns being raised by the Australian Competition and Consumer Commission (ACCC).

World’s largest tidal energy project planned for Wales

  • 2014-02-10 18:52:58
  • Junior Isles
Tidal Lagoon Power (TLP) has announced a £12 billion scheme to build a series of tidal energy plants in South Wales, including a project to create the world's largest power generating lagoon in Swansea Bay.

European Parliament rejects Commission’s 2030 policy

  • 2014-02-07 16:15:05
  • Junior Isles

The European Renewable Energy Council (EREC) has said that this week’s vote in plenary on the European Parliament’s report on ‘A 2030 framework for climate and energy policies’ gives a clear signal that the demand for three binding targets for greenhouse gas emissions reductions, renewable energy sources and energy efficiency prevails.

Irish renewables funding in doubt past 2020

  • 2014-02-04 15:32:07
  • Junior Isles
Ireland’s funding for renewable energy schemes will be scaled back from ‘elevated levels’ once EU targets are met, according to influential stockbrokers Davy Group.

German industry against energy reform

  • 2014-02-02 08:16:20
  • Junior Isles
The Federation of German Industry (BDI) has warned that the German government's recent energy plans will jeopardise jobs in the country, with the proposal to force firms generating their own electricity to pay extra to support renewables being most problematic .

RWE suffers write-down due to low plant profitability

  • 2014-01-29 09:41:09
  • Junior Isles
Declines in the profitability of conventional power plants will force RWE to write down €3.3 billion worth of assets in the German utility giant’s 2013 earnings report, according to a company statement, with some analysts speculating that RWE will declare a net loss.

UK launches distributed energy funding scheme

  • 2014-01-27 13:42:52
  • Junior Isles
The UK’s Department of Energy and Climate Change (DECC) this week unveiled a new ‘Community Energy Strategy’ report, aimed at encouraging decentralised power generation via community ownership.