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Russian infighting puts the brakes on power privatisation
- 2012-05-24 15:07:08
- Junior Isles
Russian stocks have taken a significant hit after President Putin declared that Medvedev’s plans for privatisation in the Russian energy sector are being cancelled, reigniting worries of infighting amongst Russia’s key politicians.
SSE sees renewables profit offset poor retail performance
- 2012-05-16 23:29:32
- Junior Isles
Major UK energy company SSE has seen profits rise 2 per cent thanks to renewable generation profits offsetting falls in the retail division.
E.ON to close three gas-fired plants
- 2012-05-15 00:33:04
- Junior Isles
German utility E.ON AG intends to permanently shut down three unprofitable gas-fired power plants in southern Germany, according to media sources.
EU slump underlies shift back to coal-fired generation
- 2012-05-11 01:24:17
- Junior Isles
Europe's economic slump has depressed overall emissions and the price of carbon in the EU ETS, allowing utilities to turn back to cheap, highly polluting coal-fired generation while still meeting their emissions targets, recent figures show.
Wisconsin Public Services to spend £250 million to upgrade Wausau coal boiler
- 2012-05-08 06:23:17
- David Flin
Wisconsin Public Services Corporation (WPS) has announced that it plans to spend $250 million to upgrade a coal-fired boiler in Wausau so that it meets US Federal clean air rules.
Bolivia seizes its power grid from Red Eléctrica in nationalisation plan
- 2012-05-02 21:26:55
- Junior Isles
Bolivian president Evo Morales said he is nationalising and seizing control of the main power grid from Spanish-owned Red Eléctrica Corporaciión, which has operated most of Bolivia's electricity distribution since privatisation 15 years ago.
Germany’s natural gas transition at risk
- 2012-04-28 14:04:24
- Junior Isles
Wingas GmbH, one of Germany’s largest importers of natural gas, claims the German government needs to improve investment conditions for gas-fired power plants if it is to ensure continued energy security.
Centrica threatens to withdraw from UK nuclear project
- 2012-04-21 12:46:58
- Junior Isles
Centrica, the only UK company left in the running to build Britain’s new generation of nuclear plants, has threatened to pull out over uncertainty around the government’s energy policy.
Wind farm inaugurated on Cape Verde Islands
- 2012-04-21 06:12:07
- David Flin
Cabeólica has inaugurated a 2.5 MW wind farm on Boa Vista Island, part of the Cape Verde archipelago.
Waste2Tricity acquires exclusive UK deployment rights
- 2012-04-13 06:05:16
- David Flin
Waste2Tricity has announced that it has acquired the exclusive rights for AFC Energy hydrogen fuel cells for deployment in the UK energy-from-waste sector in a £1 million deal.
