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Europe

World Energy Council Notes Key Role of Nuclear Power

Unexpectedly high growth in the renewable energy market, in terms of investment, new capacity and high growth rates in developing countries have contributed to a change in the energy landscape, the latest World Energy Resources report released by the World…

Paris Agreement to Enter into Force as EU Agrees Ratification

The European Parliament has approved the ratification of the Paris Agreement by the European Union yesterday. With today’s European Parliament approval of the Paris Agreement ratification – in the presence of European Commission President Jean-Claude Juncker, the United Nation’s Secretary…

ABB to Divest Cable Business to NKT Cables

NKT Cables is acquiring ABB’s global high-voltage cable system business with a total enterprise value of 836 million euros (US$934 million). High voltage cables are key components in sustainable energy networks, used for transmitting large amounts of electricity over long…

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