Investor confidence needed for low carbon Britain

The UK Government needs to maintain investor confidence for a low carbon future for Britain, according to power companies. RWE npower said it is important for investors to have confidence to help deliver an efficient and workable energy system and to maximise prosperity for UK consumers. The comment was made as the Energy and Climate […]

Volker Beckers Bio

Volker Beckers CEO RWE npower Volker Beckers was appointed to the board of RWE npower as Group Chief Financial Officer in November 2003 and Chief Executive Officer in January 2010. Prior to joining RWE npower, he was Vice President Corporate Controlling and Development at RWE Net AG in Dortmund, and from February 2003 was also […]

France’s Areva and Chinese firm in Horizon nuclear bid

The chief of French nuclear power group AREVA has given a clear signal it is teaming up with China’s Guangdong Nuclear Power to bid for the Horizon nuclear power project. Luc Oursel, AREVA’s chief executive said over the weekend it will probably team up with Chinese utilities and other industrial actors to make an offer. […]

EDF picks French-UK builders for Hinkley Point

The future of Britain’s nuclear industry got a much-needed boost this week after EDF Energy announced it has picked a preferred bidder to build its new plant at the Hinkley Point C project. Late yesterday the French energy supplier said it chose the joint venture between France’s civil engineering firm Bouygues TP and UK engineers […]

RWE npower announces energy trade deal with N2EX

RWE npower claims it will be selling a third of its electricity generation in an agreement with N2EX, a wholesale trading market. The energy supplier will hold open auctions and believes the day-ahead trading will add liquidity across the electricity market. The power company says trade in wholesale markets helps competition and gives a fairer […]

Hendry: “Strong interest” for Horizon nuclear project

The Minister of State for Energy, Charles Hendry, will today visit the troubled Horizon Nuclear Power company as the Government aims to salvage its nuclear plans by aiding the sale of the sites at Wylfa and Oldbury. Following the withdrawal of parent companies RWE npower and E.ON at the end of March, Horizon is in […]

Work begins on biomass silos in Scotland

Work has begun on RWE npower renewables’ biomass plant at Markinch, near Fife in Scotland. Work on the three woodchip storage silos started in mid-March and designer and contractor Kirk Environmental says the first silo has almost reached its finished height of 18m above the ground. The plant is run with papermakers Tullis Russell and will replace […]

Russia to buy stake in UK Horizon nuclear project?

Russia could take a hand in Britain’s nuclear power industry, as the country’s state nuclear firm Rosatom today confirmed to ELN the UK is a “very attractive” market. Some reports are also suggesting Rosatom has expressed an interest in the UK’s Horizon project. The Horizon project is owned by E.ON and RWE npower but last month […]

Horizon failure puts pressure on UK energy outlook

Last week’s wobble over nuclear has led some in the energy industry to question the Government’s competency in securing future generation. The recent pull-out by RWE npower and E.ON from the Horizon nuclear programme has shocked everyone. Nuclear generation seemed to be one of the safest bets under the Coalition, but instead is it possible […]

No wonder Horizon was chucked, says energy expert

The Government’s controversial carbon price floor is responsible for the issues facing the nuclear industry. This is according to energy analyst Tony Lodge, who predicted back in January the carbon tax would not incentivise new nuclear build. The Centre for Policy Studies Research Fellow warned the carbon price floor should be re-examined as it only […]