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News Archive

Gas

Allocation of Incremental System Entry Capacity at System Entry Points with Descending Price Schedules Network Code Modification Proposal 0667

Ofgem has directed Transco to implement this modification to facilitate the relevant objectives of Transco’s network code.At present, Transco is required to offer system operator (SO) baseline levels...

31 Dec 2003 00:00 | ESGM

Power

ASM Brescia closes Enel grid deal

Regional utility ASM Brescia has completed the purchase of a local distribution network from dominant Italian power group Enel for EUR 168 million, which will give ASM Brescia 100,000 new electricity...

31 Dec 2003 00:00 | EDEM

Power

Blaze hits Sardinian plant

A fire on 26th December destroyed 300 metres of a 7km coal conveyor belt supplying the Fiume Santo power plant on Sardinia, according to the owner Endesa Italia. Damage is estimated at EUR 1 million....

30 Dec 2003 00:00 | EDEM

Power

EnviaM raises private tariffs by 1.8%

Eastern German power supplier enviaM will raise tariffs for household customers by an average 1.8% to 16.68 eurocent/ kWh from 1st January 2004. The price increase applies to all of its 1.6 million...

31 Dec 2003 00:00 | EDEM

Power

France, Italy allocate border capacities

French grid operator RTE and Italian grid operator GRTN have said a total of 1,594 MW of cross border capacity from Switzerland to Italy and France to Italy has been allocated. In total 48...

31 Dec 2003 00:00 | EDEM

Power

French power exports drop despite increase in power production

France’s net power exports dropped 16% year-on-year to 6.29 TWh in November, according to the latest statistics from the economics ministry. Net power production rose 0.9% to 48.56 TWh. Nuclear...

30 Dec 2003 00:00 | EDEM

Power

French regulator publishes conditions for market opening on 1st July

CRE, the French energy regulator, has published the conditions that eligible customers, suppliers and network operators will have to adhere to in order to ensure the required level of market opening...

30 Dec 2003 00:00 | EDEM

Power

German Heren January power index climbs to EUR 37.28/MWh

The January ’04 German power monthly Heren index stands at EUR 37.28/MWh, the second highest level for the reference price since its inception in July 2001, after the September ‘03 price of EUR...

31 Dec 2003 00:00 | EDEM

Power

International Power c.e.o. Giller resigns

In accordance with terms of his contract, Peter Giller has resigned from the Board of International Power plc, with effect from today. Peter joined International Power as c.e.o. in March 2000, prior...

31 Dec 2003 00:00 | EDEM

Gas

Italy’s Eni sells local gas e&p company to consumers’ group

Italy’s Eni has sold one of its domestic gas production companies, Società Petrolifera Italiana (Spi), to Gas Plus, according to local industry sources. The price is believed to be about EUR 125...

31 Dec 2003 00:00 | ESGM

Power

January ’04 Heren French index climbs to EUR 36.65/MWh

The January 2004 French Heren monthly index stands at EUR 36.65/ MWh, rising slightly from December’s EUR 36.65/MWh. The January index is EUR 0.62/ MWh higher than that recorded for December but EUR...

31 Dec 2003 00:00 | EDEM

Power

Lübbecke hands RWE 24.9% stake in return for control of local grid

Germany’s municipal utility of Lübbecke, in the federal state of Eastern Westphalia, has exchanged a 24.9% stake in the firm with RWE Energy in return for wresting control over the local power grid...

30 Dec 2003 00:00 | EDEM

Power

Nordic Outages: Maintenance work on Rana G2

Statkraft said its Rana G1/2/3 hydro plants would be offline for two hours from 10:00 until 12:00 on 2nd January 2004 in order to conduct safety and maintenance work on the G2 plant. FF

30 Dec 2003 00:00 | EDEM

Power

Nordic Outages: Repairs on Finnish plant extended

The shutdown at Fortum’s coal-fired plant Inkoo, which was originally to shut for two days from 29th December until 1st January, will now be offline until 06:00 on 7th January for prolonged...

31 Dec 2003 00:00 | EDEM

Power

Prompt firms up on forecast of snow

The French market saw next to no activity on the last day of 2003. Traders reported only seeing movement and thin activity in the prompt market and there, only in the Day-ahead and Friday contracts....

31 Dec 2003 00:00 | EDEM

Power

Prompt focus in lethargic market

French electricity market trading was prompt driven on Tuesday with next to no trading being seen on the curve. A colder weather front forecast for Wednesday drove the Day-ahead price up marginally...

30 Dec 2003 00:00 | EDEM

Power

RWE’s Biblis A nuclear plant ready for imminent return to grid

German utility RWE’s 1,225 MW Biblis A nuclear power plant will reopen within “days, not weeks” according to an RWE Power spokesman. “We received permission from the government to open the plant in...

30 Dec 2003 00:00 | EDEM

Power

Spanish Gamesa gets 76 MW turbine order

Spanish wind turbine maker Gamesa this week signed a EUR 70 million turnkey contract for wind generators with 76 MW of capacity. Work will start in January to install the 38 turbines of 2 MW each in...

30 Dec 2003 00:00 | EDEM

Power

Spanish green firm may invest in UK

According to The Financial Times, the Spanish renewables company EHN — which currently has generation facilities in Germany, France and Spain — will invest EUR 500 million (£352.1 million) in the UK...

30 Dec 2003 00:00 | EDEM

Power

UK Heren Index for January falls for first time, to £29.83/MWh

The January 2004 monthly UK power Heren index* stands at £29.83/MWh, marking a £0.62/MWh decrease on the December 2003 index of £30.45/MWh. The drop represents the first time that the index has...

30 Dec 2003 00:00 | EDEM

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