Encore International Daily News Report

22/06/2010 UK power contracts weakened across the board on Tuesday on the back of a bearish fuel complex and soft NBP prices. Improved supply margins pulled the spot down amid improved coal-fired generation. Wind generation is forecasted to improve in the short term. The European Regulators’ Group for Energy and Gas (ERGEG) launched a public […]

SSE halts bid for EDF's £4bn network

SSE has decided not to go ahead with a full acquisition of EDF’s electricity networks. There is a small possibility that they may fund an acquisition of approximately 10% but no decisions have been made. “We have always maintained a highly disciplined approach to acquisitions, investment and to financial management generally, and that will continue,” […]