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News Archive

Power

E.ON cuts offer for Spain’s Endesa by EUR 500 million

German energy giant E.ON is set to trim its offer for Spanish power supplier Endesa by EUR 500 million, according to German daily Handelsblatt on Thursday. This would reduce E.ON’s bid from EUR 37...

28 Dec 2006 00:00 | EDEM

Gas

E.ON cuts offer for Spain’s Endesa by EUR 500 million

German energy giant E.ON is set to trim its offer for Spanish power supplier Endesa by EUR 500 million, according to German daily Handelsblatt on Thursday. This would reduce E.ON’s bid from EUR 37...

28 Dec 2006 00:00 | ESGM

Gas

Fatal Morecambe helicopter crash

Six people have been killed and a seventh is still missing as a helicopter travelling between the Millom West and the North Morecambe platforms ditched into the Irish Sea on Wednesday evening....

28 Dec 2006 00:00 | ESGM

Power

Finnish electricity generation fell 17% in 2005 – Statistics Finland

Finland’s electricity generation fell 17% in 2005, to 67.8 TWh, Statistics Finland said on Thursday. District heat production was just over 1% lower year-on-year, at 32.6 TWh, while industrial heat...

28 Dec 2006 00:00 | EDEM

Power

Finnish-Russian 2007 border capacity allocated

Fingrid, the Finnish grid operator, said on Wednesday that 250 MW of transmission capacity on the Russian border had been allocated for 2007. 100 MW was won by Finland’s Fortum, 100 MW by...

28 Dec 2006 00:00 | EDEM

Gas

Gazprom turns up the heat on Belarus and threatens export duty rise

Gazprom will turn-off gas supplies to neighbouring Belarus at 10:00 Moscow time on 1st January if an agreement between the two countries is not reached.In what appears to be a carbon copy of the...

28 Dec 2006 00:00 | ESGM

Power

GDF’s head dismisses plans with Pinault to break up Suez

Jean-François Cirelli, head of French gas incumbent Gaz de France, denied plans to team up with French billionaire François Pinault to break-up its merger partner Suez in an interview published on...

28 Dec 2006 00:00 | EDEM

Gas

GDF’s head dismisses plans with Pinault to break up Suez

Jean-François Cirelli, head of French gas incumbent Gaz de France, denied plans to team up with French billionaire François Pinault to break-up its merger partner Suez in an interview published on...

28 Dec 2006 00:00 | ESGM

Emissions

Germany refuses to implement NAP II cut

The German government has written to the EU Commission stating that it refuses to reduce carbon emissions for the second phase of EU-ETS to 453 million tonnes, according to unnamed sources reported...

27 Dec 2006 00:00 | EDCM

Power

Heavy-power users to strike deal with French EDF – Les Echos

Exeltium, France’s newly formed consortium of energy-intensive companies, is set to finalise a long-term supply contract with French power incumbent EDF on 8th January, financial daily Les Echos...

28 Dec 2006 00:00 | EDEM

Power

Italy’s Enel to concede VPP capacity in 2007/2008 to close antitrust case

Italian power incumbent Enel has agreed to sell off 1,000 MW of virtual power plant capacity through financial contracts for 2007 and 700 MW for 2008 via its production arm, Enel Produzione, in order...

28 Dec 2006 00:00 | EDEM

Gas

Moldova to pay US$ 170/Km3 in 2007

Gazprom and Moldova have agreed on Russian natural gas deliveries to Moldova at US$ 170 per thousand cubic metres (Km3) in 2007. A contract will be signed by the end of the year.As of 2008, the gas...

28 Dec 2006 00:00 | ESGM

Gas

New Belgian code of conduct expected early 2007

Belgian energy regulator CREG is gearing up to propose a new code of conduct early next year. A spokesman said that the regulator would publish new documents regarding to code in the “next few days”,...

28 Dec 2006 00:00 | ESGM

Emissions

Phase I/Phase II spread widens to EUR 11.55/tCO2e

The jump in the value of 2008 carbon certificates on Wednesday has pushed the spread between the 2007 and 2008 contracts to another new high, of EUR 11.55/tCO2e. On Wednesday the gains in the 2008...

28 Dec 2006 00:00 | EDCM

Power

Spain’s Iberdrola to build wind farm in France

Spanish power company Iberdola has begun construction on a 10 MW wind farm in northern France, according to a company statement.Located in Brittany, the installation will consist of five generators...

28 Dec 2006 00:00 | EDEM

Power

Spanish Endesa boosting French CCGT capacity

Spanish power producer Endesa has begun works on two CCGTs in France, the group said on Thursday. Located in Emile Huchet in the northeast, the plants should start up in the first quarter of 2009...

28 Dec 2006 00:00 | EDEM

Gas

Spanish Endesa boosting French CCGT capacity

Spanish power producer Endesa has begun works on two CCGTs in France, the group said on Thursday. Located in Emile Huchet in the northeast, the plants should start up in the first quarter of 2009...

28 Dec 2006 00:00 | ESGM

Gas

Spanish regulator backs Enagas over ROI cuts

Spanish gas transporter Enagas can count on the support of energy regulator CNE in the battle against proposed cuts in its return on investments, according to report in Spanish press Wednesday. The...

27 Dec 2006 00:00 | ESGM

Gas

Statoil starts new drill near Sleipner

Norwegian oil and gas company Statoil started to drill a new prospect near the Sleipner West field on Thursday, the company said in a statement. The drilling of exploration well 16/4-4 on the North...

28 Dec 2006 00:00 | ESGM

Emissions

UK government appoints aviation offset buyer

The UK government said on Wednesday said that EEA Fund Management Ltd had won the contract to fulfil the government’s commitment to offset its own air travel. EEA will acquire and deliver 255,000...

27 Dec 2006 00:00 | EDCM

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