Endesa unveils 55% drop in profits

Spanish electronics company Endesa reported a 55% drop in net profits as lower gains from asset sales masked a steady underlying result

• Endesa statement
• Countries question Areva’s reactor design

Countries question Areva’s reactor design

Nuclear safety authorities in three countries raise questions over the design of control and command systems in the French group’s new generation EPR reactor

EDF poised to protest over regulation

EDF Energy, the electricity and gas company, is prepared to call in the Competition Commission to investigate the regulation of electricity distribution networks, the utility has signalled

Centrica powers up £725m wind farm venture

The energy group will build the 270MW project off the Lincolnshire coast with the creation of a joint venture and a £340m refinancing of its wind portfolio

Lex: European IPOs

Interest from institutional and retail investors in Poland’s PGE shows that Europe’s IPO drought may be ending

PGE in €1.4bn European offering

The Polish power group has priced the biggest initial public offering in Europe this year

Double nuclear use, urges EDF chief

A target for Britain to derive 30% of its electricity from nuclear power by 2030 is needed to ensure planned cuts in the nation’s carbon dioxide emissions, says the head of EDF Energy

Google and Microsoft eye wind farm investments

Google and Microsoft are looking at possible investments in offshore wind farms in Britain, as part of their strategy to ‘green’ their electricity use