French state-owned power company Electricite de France is ready to move forward alone if necessary to build a third nuclear reactor at Calvert Cliffs in Maryland, according to a company executive.
Johannes Pfeifenberger, principal and utility practice leader at The Brattle Group, has estimated that $50-100 billion in transmission investment will be needed in order to integrate renewable power onto the existing electricity grid.
A United Nations meeting on climate change ended in Tianjin, China, with no consensus on key issues such as emissions mitigation and transparency.
GE announced that it has signed a contract to acquire Dresser, Inc., a global energy infrastructure technology and service provider in a deal worth $3 billion.
Electricity prices in Europe reached a new high in September, rising for the fourth consecutive month, according to Austrian energy regulator E-Control.
US State New York could reliably boost power generation from wind from the current 1275 MW to 8000 MW by 2018, according to a new study by the state grid operator.
General Electric (GE), the world’s second biggest producer of wind turbines, has formed a joint venture with China’s Harbin Power Equipment Co. to make and supply equipment to China.
Sharp will acquire Recurrent Energy, a US developer of solar energy projects, in a deal worth up to $305 million. The Japanese company hopes the acquisition will strengthen its position in the fast-growing solar-power generation business.
Private-equity firm Quantum Energy Partners (QEP) is launching a new company to buy and develop power plants in the U.S., targeting long-term supply deals with utilities.
NRG Energy, a US power generation company, is to acquire Green Mountain Energy (GME), a retail provider of clean energy products and services, underlining the interest among generators to expand their renewable energy portfolios.