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Critical consolidation

Security of supply has become a critical issue in Europe’s electricity markets, helping to cultivate conditions ripe for a new wave of consolidation.

Companies

The Spanish energy company, Gas Natural has said it will not adjust its €22.5bn ($27.3bn) takeover bid for its native country’s largest electricity generator, Endesa, despite having its bid rejected by the company as ‘hostile and clearly insufficient’.

Europe

E.ON UK has applied to the British government for permission to build a £350m ($619m) gas fired power plant in Derbyshire.

International

Iran plans to issue an international tender for the construction of two new nuclear power plants in the coming months.

COSPP News Sept /Oct 2005

Philip Wolfe, Chief Executive of the Renewable Power Association, welcomed the consultation: 'At a time when some may be tempted to focus...

Sihwa in the mix

The Sihwa tidal power plant is being developed as part of Korea’s drive to increase the share of renewable energy in its fuel mix.

Westinghouse shines for BNFL

Interest in the sale of Westinghouse Electric Company shows the growing importance of nuclear technology in the global power industry, and puts BNFL in a good position

Companies

Big field race for Westinghouse Up to 15 companies have expressed an interest in purchasing Westinghouse, the US-based nuclear construction firm being sold off by...

Americas

Bush signs $12bn energy bill President Bush signed into law the United States' first national energy policy for over a decade, stating: "We need to...

International

MHI to power Saudi Arabian refining complex A $1.1bn fuel oil fired cogeneration and desalination plant is to power one of the world's largest integrated...

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