Massive wind farms planned in Bristol Channel and Anglesey
Two new wind projects – one site in Bristol Channel and the other nine miles off the Anglesey coast – are among the nine offshore wind farms to be built in the UK. Costing £100 billion, the new wind projects will ...
by Lynnette Adamson January 8th, 2010
Unite asks for job assurance from Westinghouse and Shaw
The controversial US energy group, consisted of Westinghouse and Shaw, was recently appointed as the lead contractor to build new nuclear reactor plants worth more than £10 billion in the UK. The group will fly to London in the coming month ...
by editor January 6th, 2010
Crown Estate to profit £5 billion from wind farms
Crown Estate is expected to earn £5 billion over the following 25 years from new offshore projects in the UK. The massive boost in revenue comes after Crown Estate representatives stunned energy chiefs by tripling the costs for them to ...
by Jason Drew December 29th, 2009
ERR forecasts global offshore wind sector growth for 2020
According to a newly released Emerging Energy Research (EER) market study, the offshore wind sector is expected to expand over the next decade, with the total installed base expected to generate nearly 45GW in 2020. The report also revealed that the large European wind energy players are dominating the industry
by Beth Williams December 23rd, 2009
RWE invests £6m in Quiet Revolution
RWE, a German energy company which owns npower, is investing £6m for a minority stake in Quiet Revolution, a wind turbine maker company of Britain. Quiet Revolution is expert in small-size, vertical-axis turbines which can be conveniently set-up in buildings. Their frontline turbine, called QR5, is capable
by Jenson Brayshaw September 3rd, 2008
Energy companies should maintain more transparency
The Business Secretary, John Hutton has said that the Britain's major energy suppliers should be transparent on, how much profits they are making from the energy supply and power generation arms. He urged to Ofgem, the power regulator that there is need of transparency in the financial records of big
by Samantha Donovan August 19th, 2008
Centrica eyeing British Energy
Gas and electricity giant Centrica is said to be eyeing nuclear power company British Energy. British Energy has been in talks with several corporate for potential merger. Prominent contenders include Spain's Iberdrola, Germany's RWE and France's EDF. Last week EDF came close to sealing the deal when it made a cash
by Jason Drew August 4th, 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
Ineos in electricity deal with British Energy
The petrochemicals company, Ineos, is holding discussions with British Energy concerning an electricity deal that would assist in funding a new generation of nuclear power plants in the United Kingdom. The petrochemicals giant has been holding talks ...
by Tessa Clarke May 7th, 2008
