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25.01.2011 14:40Siemens starts fiscal 2011 with strong growth
In the first quarter of fiscal 2011, Siemens maintained the positive growth trend of the previous quarters, with a strong 19 percent increase in new orders year-over-year. Revenue also rose sharply by 12 percent. Income from continuing operations25.01.2011 12:08UK Nuclear Power Companies to Pay More in Case of Accidents
Nuclear operators will have to pay the first GBP 1bn towards the cost of any accident in the UK – seven times more than the current cap on their liabilities – the government will propose tomorrow, as reported by The Guardian. Energy24.01.2011 17:01Moscow Domodedovo Airport Was Bombed
The Domodedovo International Airport bombing was a bombing that occurred in the Domodedovo International Airport, the main airport for Moscow today. The bombing killed an estimated 10 people, and injured dozens more, as BBC reported. Other airports24.01.2011 16:05Spain's Power Cross-Border Interconnection Given New Boost
As part of the project to build an electricity transmission network across the French border, the Ministry of Industry of Spain has authorised electricity network operator REE to build a conversion station in Spain and an underground power line to24.01.2011 15:39EDF Negotiates Privatisation of Poland’s State-Owned Enea
Electricite de France (EDF) has entered negotiations with the Polish state-owned energy company Enea regarding the purchase of Enea's 51% stake, Rzeczpospolita Daily reported. It is estimated that the sale of the stake worth over PLN 5bn (EUR 1.28bn)24.01.2011 08:18Hong Kong billionaire may buy E.ON’s UK grid
Reuters reports that the Hong Kong billionaire Li Ka-shing may offer 3.5 billion pounds to E.ON for its British electricity grid. It is the second-largest electricity distribution network in the UK, the Sunday Times reported. Li Ka-Shing and his21.01.2011 08:42CEZ starts gas and electricity retail trading in Slovakia
The Czech energy company CEZ starts power and natural gas retail trading in the Slovak energy market, Reuters reports. The energy company offers an initial 10% discount to future household and small business clients, it said on Thursday, cited by21.01.2011 08:32Transelectrica predicts an increase in power consumption during 2011 with 2%
Electricity consumption in Romania will grow with 2% during 2011 up to 54.8 TWh, the Romanian news agency Mediafax reports. The increase will be caused by industrial demand, the head of the state-owned transmission system operator Transelectrica20.01.2011 14:11Enel Green Power started 96 MW of new wind capacity in Spain
The energy company Enel announced that three new wind farms have started operation for Enel Green Power in Spain. Cogollos, the first plant, located in the Castilla-Leon region, consists of 25 Gamesa G-87 wind turbines of 2 MW each, for a total19.01.2011 12:17Romania To Reshuffle Energy Production By 2035
Romania plans to replace over half of its 20,437 MW installed electrical output with new units by 2035, Economy Ministry director Alexandru Sandulescu said Tuesday, as quoted by Mediafax. "This data is included in the draft revision of the18.01.2011 15:24EU's Forecast For Wind Power Investments Lower than Expected
European wind power projects over the next decade will suffer as a result of the financial crisis according to Jyske Bank's Christian Nagstrup, Børsen reported. EU's 27 member states have estimated that 4,000 new turbines will be erected18.01.2011 14:42Capacity of Paks Nuclear Power Plant to Be Increased
State Secretary of the Hungarian Ministry of National Development (NFM) has said that the country's energy strategy may need to be extended with the construction of two new blocks at Paks nuclear power plant by 2015, reported Mfor. In line with
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