More Personnel News

Siemens profit drop partly blamed on power division


The performance of Siemens traditionally strong power generation division, together with its health care unit, has been cited for the overall disappointing profit statement released this week.

Call for energy engineering strategy to be UK election focus


With 100 days to go until the General Election in the UK, a new study has found that boosting training in engineering should be a focus in all the 2015 party political manifestos if the UK is to keep pace with international competition.

EDF in talks on sale of RTE grid network


French state-owned utility EDF is mulling the sale of its power distribution network in what could amount to a $17.1bn (EUR15bn) deal.

RWE could yet follow E.ON break-up example


Germany’s second largest utility hasn’t ruled out going down the same path as its chief rival, E.ON, and splitting the company’s generation unit up to better cope with modern realities affecting the European power sector.

Last call for expert power speakers at POWER-GEN Middle East


Global experts in the power sector now have until January 30 to submit abstracts of papers for the 13th annual POWER-GEN Middle East Conference and Exhibition.

Vattenfall to set up new wind business unit as part of re-jig


Swedish utility Vattenfall is creating a dedicated wind business unit as part of an overall reorganisation of the company.

RWE cuts renewable power investments in response to crisis


Germany’s RWE Innogy has decided to cut its investment in renewable energy as its debts continue to mount.

$2bn coal-fired power plant planned for India


China's leading power generation company is exploring the possibility of investing more than $2bn to build around 2000 MW of coal-based power plant in Gujarat.

Power price drop forces Finnish nuclear sector losses


The continuing descent of power prices has prompted Finland’s Teollisuuden Voima (TVO) to announce the laying off of 13 per cent of is staff.

World’s longest subsea interconnector awaits final approval


A plan to import hydroelectric power from Norway to the UK via the world’s longest subsea interconnector is to be decided in the first quarter of this year.

Giant Ethiopian hydroelectric project nears completion


An 1870 MW hydropower plant in Ethiopia could begin generating power this summer and be fully operational by 2016.

European ocean energy to make targets despite setbacks


Policy and Operations Director of Ocean Energy Europe Remi Gruet believes that despite recent setbacks to the industry, wave and tidal energy will still make its 100 GW target for Europe by 2050.

Energy investors call for sustainable business strategies


Investors worldwide have registered concerns over the sustainability of energy sector business strategies, according to a newly published report.

RWE chief says company won’t split


The chief executive of RWE Power Generation, Matthias Hartung, says that the company will not be dividing in two in an attempt to cope with the market conditions that have dogged European utilities in recent years.

Confidence in new nuclear grows in UK but women remain sceptical


Support for the construction of new nuclear power plants in the UK has grown by more than 10 per cent over the past decade, but there remains a noticeable gap in attitudes between men and women towards the sector.

De Rivaz confident on Hinkley despite Areva problems


Vincent De Rivaz, chief executive of EDF, Reassured the audience at the Nuclear Industry Association’s annual conference that the UK’s flagship nuclear new build project will not be derailed.

E.ON chief open to nuclear ‘bad bank’ idea


The chief executive of E.ON says the German utility is not opposed to the possibility of a public foundation being formed for the purposes of funding the decommissioning of the country’s nuclear power plants.

Vattenfall chief eager to sell German lignite plants


The chief executive of Swedish utility Vattenfall has reiterated his company’s desire to offload its lignite power plants in the Lusatia region of Germany.

Walmart in new on-site solar plans


American retail giant Walmart has revealed plans to install up to 400 new solar projects at facilities across the US over the next four years as part of its global commitment to drive the production or procurement of 7 TWh of energy from renewable sources by the end of 2020 and its goal to be supplied by 100% renewable energy.

UK energy skills gap is ‘critical’ warns Siemens


Siemens has said that a widening skills gap in the UK energy market is becoming “strategically critical”.