M&C Energy Group: French power shortages will impact UK
Reports that France will see a power shortfall by as soon as 2013 will put greater pressure on the UK’s dwindling supply and force up prices – that’s according to the UK’s largest energy consultancy,...
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Europe needs to be plugged into a single network
Experts believe more interconnections are required by the increasingly important role of electricity in the economy Sparks in the economy, not only because of the crisis. Electricity will play an...
View ArticleIncrease of electricity costs in France.
Regulated price of electricity has officially increased in France on 15 August by +3% for households and by +4% to 5.5% for companies.About 94% of French consumers, i.e. 28.5 million private...
View ArticleWill renewable energies increase electricity bills in France?
Two months ago, electricity prices increased by 3.4% in France. This might continue: the daily newspaper Les Echos is stating that the French government might consider a new increase in the prices to...
View ArticleTurkey’s electricity market attracting investors, Deloitte says
Investors in the Persian Gulf and private equity firms are seeking to buy power utilities in Turkey, where demand for electricity is expected to surge 6 percent a year until 2018, a partner at Deloitte...
View ArticleElectricity consumption on its way to record in Sweden
Last week the use of electricity in the Nordic countries reached 9.3 billion kilowatt hours. It is the second-highest electricity usage for a single week in the Nordic countries in November-December....
View ArticleIn Spain, the National Energy Commission (CNE) criticises the proposed...
The CNE criticizes the proposed tariffs because it raises the price of the kilowatt but does not reduce the companies’deficit, estimated at 14 billion. According to the Commission, the freezing of the...
View ArticleGermany’s green electricity sector sparks argument with EU
According to the German green electricity industry, the uniform subsidy system for renewable energies in Europe demanded by EU Energy Commissioner Günther Oettinger is not going to help reduce costs...
View ArticleAlgeria to invest $60 billion towards renewable energy
A government spokesperson yesterday announced that a “funding totalling $120 billion will be needed for the production of 22,000 megawatts of electricity from renewable sources over the next twenty...
View ArticleBelgium: Minister wants greater control over electricity prices
Belgian Minister for Climate and Energy, Paul Magnette, has called on CREG, the electricity and gas regulating commission, to have greater control over spiraling electricity and gas prices. In 2010 the...
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