More Headline News

Swedish nuclear sector under more pressure as waste fee doubled

19/12/2014

The Swedish nuclear industry is warning that power prices may have to go up as it was slapped with a doubling of the fee charged by the government to pay to the country’s nuclear waste fund.

Power lines

German bank to provide $1.2bn cash injection to Indian grid

19/12/2014

KfW Group is to spend 1 billion euros ($1.2bn) on modernising India’s electricity network.

Werner Faymann

Austrian PM in renewed protest against British nuclear

18/12/2014

The inclusion of significant nuclear power projects by the UK in an ambitious European Union investment plan has drawn the ire of the Austrian government.

E.ON

E.ON plays down rouble effect on Russian business

18/12/2014

Germany’s top utility says its plans to spin off its Russian business in 2016 remain on course despite the 20 per cent plunge in the rouble.

Nuclear plant

Germany seeks $21bn to fund nuclear ‘bad bank’

17/12/2014

The German government is to set up a fund into which nuclear power generators would pay $21.2bn to ensure the long-term costs of decommissioning their plants are met, according to local media.

Alstom

Alstom nears settlement with US Justice Department

17/12/2014

Alstom looks set to pay $700m to the US Justice Department as early as next week by way of settlement for a case involving the equipping of a power plant in Indonesia.

US Commerce department slaps tariffs on Chinese solar

17/12/2014

The US Commerce department has found that Chinese producers were selling below the cost of manufacture and benefiting from state subsidies, and set anti-dumping duties of up to 78.42 per cent on Chinese solar panels and of up to 27.55 per cent on solar cells from Taiwan.

David Cameron

RFPs sought for next stage of UK CCS

17/12/2014

The ETI project is funded by DECC as the government looks to make the most of the North Sea and development of CCS as a key part of ensuring that the UK can transition to a low carbon energy system in the most secure and cost-effective way.

South Africa takes fresh step on nuclear

17/12/2014

The South African government has announced that it is set to launch a tender process to build nuclear power plants, as the country continues to struggle with outages caused by poor, ageing power infrastructure.

Peru limits renewable energy in future plans

16/12/2014

Renewable energy will not play a key role in the government of Peru's National Energy Plan for the 2014-2025 period.

Chile seeks China's helping hand to boost its energy sector

16/12/2014

Chile's government has expressed its serious intention to strengthen ties with China in an effort to drive energy projects. 

Alstom Grid wins $62m German network contracts

16/12/2014

Alstom Grid has been won 11 turnkey projects worth over €50m ($62m) to modernize part of Germany’s electrical network.

USAID

US development agency funds gas-fired project in Afghanistan

16/12/2014

The United States Agency for International Development (USAID) is to provide $125m to assist development of the Sheberghan Gas Development Project (SGDP) in Afghanistan.

National Grid helmet

Centrica wins power back-up contract as £3.65bn auction begins

16/12/2014

Centrica has won a contract by National Grid to provide additional power capacity for the UK for winter 2015/16.

CocaCodaSinclair

13 dead at Ecuador’s largest hydroelectric power project

16/12/2014

Thirteen people have died and at least 12 more are injured following a tunnel collapse at the Coca Codo Sinclair hydroelectric power complex in Ecuador.

Vattenfall deal with Skandia marks wind power first for Sweden

15/12/2014

Vattenfall and banking and insurance company Skandia are jointly investing almost $264m to build four wind farms in Sweden with a total output of 141 MW.

China leads as global coal demand set to reach 9bn tonnes by 2019

15/12/2014

The world’s appetite for coal-fired power will continue to grow over the next five years, according to the International Energy Agency’s Medium-Term Coal Market Report.  

Serbia to add first power plant in two decades

15/12/2014

The first major investment in Serbia’s creaky power infrastructure in over two decades is set to be agreed this week, thanks to the assistance of Chinese investment.

European Court of Justice

Austria and Poland in the firing line as EU to punish energy law breaches

15/12/2014

A plan by the Austrian government to enable energy-intensive businesses to avoid enduring the costs of subsidising renewable power has come to the attention of the European Court of Justice.

GCube insures largest solar PV park in Europe

15/12/2014

Specialist renewable energy insurer GCube has been selected by Paris-based developer Neoen to provide cover for a 300 MW solar plant in France which once complete is will be Europe’s largest solar photovoltaic park.

Areva clinches control systems deal for China nuclear reactors

15/12/2014

French nuclear technology company Areva has won a deal to provide instrumentation and control systems for two new reactors in China.

Remi Gruet EOEA

European ocean energy to make targets despite setbacks

12/12/2014

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.

Abbott

Australian PM proposes coal and nuclear export plan for Ukraine

12/12/2014

The prime minister of Australia, Tony Abbott, is keen to assist struggling Ukraine by providing coal and uranium to the country’s power plants, thereby easing the beleaguered eastern European nation’s energy security woes.

Drax

Blow for Drax as UK government set to change tune on biomass

12/12/2014

The UK government’s proposal to make changes to subsidies has seen a knock-on effect on the owners of the country’s biggest coal-fired power plant.

Russia and India to build 10 new nuclear reactors

12/12/2014

Russia and India have agreed to jointly build at least 10 new Indian nuclear reactors by 2035.

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