Two firms required for next generation nuclear reactors
The United Kingdom will need at the minimum two firms or nuclear power plant operators to operate the new generation of nuclear power plants. This was said by John Hutton, the Business Secretary in the United Kingdom government. The statement of ...
by Samantha Donovan June 15th, 2008
More calls for investment in nuclear energy
In the United Kingdom, the government has sent pleas to the largest energy firms in the world to participate in the development of the next generation of nuclear energy generating plants in the country. While delivering a speech at a conference attended by senior officials and potential investors in the nuclear
by Emma Young June 14th, 2008
Bid for British Energy low
The largest nuclear energy producer in the United Kingdom has revealed that none of the bids it has got up to this point is good enough. The energy utility was however quick to add that talks with the interested bidders ...
by Emma Young June 11th, 2008
Huge investment in energy needed to avert crisis
The chief executive officer of E.ON UK has said that Britain will experience electricity outages more frequently and severely than what has previously been the case unless a lot of additional many new electricity generating stations are developed fast enough. Paul ...
by Justin Becks June 8th, 2008
Nuclear power agenda unveiled
The Prime Minister, Gordon Brown and the business secretary, John Hutton, are to engage in wooing international investors at a London meeting on the twelfth of June in a bid to attract investment in the development of new nuclear power ...
by Emma Young June 4th, 2008
British Energy to raise electricity prices
In the coming twenty four months the cost of electricity for suppliers could go up by over fifty per cent. This was said by the chief executive of British Energy. This is expected to push the energy costs higher for the ...
by Emma Young June 4th, 2008
Blackouts experienced in Britain
Britain experienced power outages caused by shutting down of several power plants. This was after the National Grid asked electricity distributors to cut down on the voltage to households after the shutting down of several power plants brought fears that there would be electricity shortages during the period of peak demand. National
by Jason Drew May 29th, 2008
Suez withdraws bid for British Energy
The French energy company, Suez has announced the withdrawal of its bid for British Energy. The French energy giant revealed that the bid had failed due to unsuccessful plans to merge with Gaz de France, which is a gas supplier in the hands of the government of France. Suez had emerged
by Lynnette Adamson May 28th, 2008
Garman Company Attempts Takeover of British Energy
RWE, a German utility, has attempted to take over British Energy, according to reports. The approach, for £11bn, is valued at almost 700p per share for the UK's struggling nuclear operator. Further, the offer would value the UK ...
by Justin Becks May 20th, 2008
British Energy Has One Bidder
Despite the fact that British Energy has only raised one bid, the Government is refusing to allow any one entity to hold sole ownership. Even if that means splitting up the reactor sites, the Government still finds this preferable, ...
by Samantha Donovan May 19th, 2008
British Energys Apprentices Join The Navy
In efforts to benefit from the Royal Navy's engineering and nuclear expertise, British Energy has signed a deal, sending 50 apprentices to it's facility for training. They will learn about the similarities between ship propulsion and power stations, and nuclear ...
by Emma Young May 18th, 2008
