Latest Gdf Suez (GDSZF) Headlines M&A Prospec
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Posted On: 03/09/2014 11:25:03 PM
Latest Gdf Suez (GDSZF) Headlines
M&A Prospects in Indian Power Generation Sector: Identifying Thermal, Wind, Solar and Biomass Power Plants
M2 - Tue Mar 04, 3:35AM CST
Research and Markets (http://www.researchandmarkets.com/research/jv7m5d/manda_prospects) has announced the addition of the "M&A Prospects in Indian Power Generation Sector: Identifying Thermal, Wind, Solar and Biomass Power Plants" report to their offering. About 65,000 MW of thermal capacity across India runs the risk of turning into bad assets; Given a capital cost of Rs 5 crore per MW, that is upwards of Rs 3,00,000 crore at risk; much of this is bank loans as these projects, typically, came up with a 80 per cent debt component Companies that had acquired land, signed MoUs (memorandums of understanding), coal linkages, etc are now looking to sell and exit As per an estimate, as many as 700 thermal plants across India applied for an environmental clearance between 2006 and 2010. Between them, they were looking to add 701,820 MW of capacityabout six times India's overall power capacity in 2011 and seven times the target for the 12th five-year plan (2012-17) The M&A space in the power generation sector in India is expected to gain further traction from hereon. The authors of the view that this is the most conducive time to buy these assets for anyone looking for strategic investment in India's power story. Most of the Indian companies that entered into power sector with short term goals are seeing themselves being trapped into the sector and are surrounded by some of the unexpected development both on structural and commercial front, these companies want to exit from power business. There are companies that went on investment spree over the years only to find that the economic slowdown in India has hammered their balance sheets out of shape, and hence are in a balance sheet repair mode with asset offload as the only available option. The authors had anticipated this well in advance and hence initiated research on the topic in 2013 in its research report M&A Prospects in Indian Power Generation Sector: Identifying Thermal, Wind, Solar and Biomass Power Plants likely to be up for Sale"" covers all such plants that are likely to become distressed asset The report is envisaged keeping in mind the need of the industry to get critical information pertaining to assets that are likely to be put on block for sale, this will act as preliminary due diligence before the companies interested in buying power assets deploy investment bankers to evaluate attractiveness of the asset. The report rates each and every asset and buckets each asset under three categories - valuation event asset, distressed asset, strategic divestment asset. The report applies technical and economical parameters as filter to the large universe of private sector power plants, some this parameters are; plant plf (operating below 50%), fuel linkage status, ppa sale vs merchant sale, balance sheet leverage, rupee depreciation impact. It's a report which is must for both Indian and MNCs looking for power assets in India in both conventional and non-conventional space. Key Topics Covered: Executive Summary Evaluating Factors Favoring Investments in Power Generation Sector in India Evaluating Factors Risking Viability & Sustainability of Power Generation Sector in India Status Check on Upcoming & Planned Power Plants in India Status Check on New Investment / Expansion Plans of Companies in Power Generation Sector Trends in M&A deals in Power Generation Sector Detailed Asset Profiling of Assets up for Sale - Primary Survey Identifying Key Reasons for Exiting Power Generation Business Regulations Governing M&A in Indian Power Sector Due Diligence of Shortlisted Attractive Assets Power Plants Asset Database Companies Mentioned - Adani - AES - CESC - CLP - E.ON - Essar - GDF Suez - GMR - Lanco - MNCs - NTPC - Reliance Power - Tata Power - Torrent For more information visit http://www.researchandmarkets.com/research/jv..._prospects About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
RegLearn by HCLabs Enjoys Growing Popularity in the EU with SAP Learning Solution Clients
PRWeb - Thu Feb 27, 2:39AM CST
Electrabel, a Belgium-based subsidiary of GDF Suez, recently became the latest HCLabs customer in the EU with their purchase of RegLearn, HCLabs' SAP-certified add-on for the SAP Learning Solution (LSO).
GrDF Selects Itron for Smart Gas Meters in France
Business Wire - Wed Feb 26, 7:45AM CST
Itron, Inc. (NASDAQ:ITRI), a world-leading technology and services company dedicated to the resourceful use of energy and water, announced today that Gaz reseau Distribution France (GrDF), the main natural gas utility in France and 100 percent-owned subsidiary of GDF Suez, has selected Itron as a main supplier of Gazpar smart gas meters for its Smart Gas Meter project. The project will create smart metering excellence in France to benefit GrDF customers, improve operational efficiency and create jobs.
GDF SUEZ Canada Announces Start of Commercial Operation of 10MW Beckwith Solar Project in Ontario
PR Newswire - Tue Feb 25, 5:22AM CST
GDF SUEZ Canada, Inc. today announced that the 10MW Beckwith Solar Project in Ontario has entered commercial operation under a 20-year power purchase agreement with the Ontario Power Authority.
Mobiquity Vice President of Mobile Insights Joins Industry Experts for AirWatch Connect Panel at Mobile World Congress
PR Newswire - Mon Feb 24, 8:00AM CST
Mobiquity (http://mobiquityinc.com), a mobile engagement provider creating innovative solutions that drive business value, today announced Vice President of Mobile Insights Eugene Signorini will join industry experts from GDF SUEZ Energy Services, Shell and VDC Research for a panel discussion at AirWatch Connect Barcelona during Mobile World Congress, Feb. 25 in Barcelona, Spain. The panel, entitled 'Blueprint for a Secure BYOD Program,' will focus on how enterprises can successfully implement BYOD programs, and leverage BYOD as a foundation for mobile innovation.
Global Unconventional Gas Market 2014-2018 with BP plc, Chesapeake Energy Corp., Chevron Corp., ExxonMobil Corp., and Royal Dutch Shell plc Dominating
M2 - Tue Feb 18, 8:56AM CST
Research and Markets (http://www.researchandmarkets.com/research/hcgw9d/global) has announced the addition of the "Global Unconventional Gas Market 2014-2018" report to their offering. The analysts forecast the Global Unconventional Gas market to grow at a CAGR of 4.7 percent over the period 2013-2018. One of the key factors contributing to this market growth is the depleting conventional gas reserves. The Global Unconventional Gas market has also been witnessing rapid technological advancements. However, the capital-intensive market could pose a challenge to the growth of this market. Key vendors dominating this space are Arrow Energy Pty Ltd., BG Group plc, BP plc, Chesapeake Energy Corp., Chevron Corp., Dart Energy Ltd., Devon Energy Corp., ExxonMobil Corp., and Royal Dutch Shell plc. Other vendors mentioned in the report are Aberdeen Drilling Management Ltd., Alkane Energy, Baker Hughes Inc., BHP Billiton Group, Cathy Oil and Gas Ltd., China United Coalbed Methane Corp., Constellation Energy Group, Devon Energy Corp., Double Eagle Petroleum Co., Encana Corp., Essar Energy Plc, Gazprom Oao, GDF Suez S.A., Halliburton Co., Mitsubishi Corp., Penn Virginia Corp., Osaka Gas Co. Ltd., Sinopec Ltd, Storm Cat Energy Corp., Strait Oil & Gas Ltd., Tlou Energy, Total S.A., and Warren Resources Inc. Commenting on the report, an analyst from the team said: Over the years, there has been a tremendous increase in the technological advancements that have led to the increase in extraction of unconventional gas from reservoirs. The technological advancements include unlocking the potential of unconventional gas, managing produced water, development and determination of gas, well log interpretation, and the development of well simulation models. Also, the market vendors are increasing their investments in R&D, which in turn is reducing the time and cost for horizontal drilling. Moreover, the overall volume of production, cost, and risk has significantly reduced due to the rapid technological advancements in the industry. Therefore, the rapid technological advancements are one of the key trends that are expected to propel the growth of the Global Unconventional Gas market during the forecast period. For more information visit http://www.researchandmarkets.com/research/hcgw9d/global About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Approval to export granted for the American project Cameron LNG: A major step in its development
PR Newswire - Wed Feb 12, 5:22AM CST
Cameron LNG, one of the most advanced U.S. LNG export projects, promoted by GDF SUEZ as a shareholder and a capacity holder, has just reached a decisive step with the conditional non-Free Trade Agreement (FTA) approval from the U.S. Department of Energy (DOE). The Non-FTA authorization will enable GDF SUEZ to export LNG from the Cameron LNG project in Louisiana into countries that have not signed a FTA with the USA. The project already received the FTA approval in January 2012. The two approvals will enable GDF SUEZ to sell the LNG produced by the Cameron plant to a much wider range of partners around the world.
GDF SUEZ Energy Resources Supports Gulf Chemical & Metallurgical Corporation's Commitment To Environmental Responsibility
PR Newswire - Thu Feb 06, 8:58AM CST
GDF SUEZ Energy Resources NA announced today that it will provide power to Gulf Chemical & Metallurgical Corporation (GCMC). This contract strengthens GCMC's commitment to environmental responsibility by incorporating Renewable Energy Certificates and peak load curtailment services into its Freeport recycling facility operations.
Gas Industry Market Report Plus 2014
M2 - Mon Feb 03, 2:29AM CST
Research and Markets (http://www.researchandmarkets.com/research/hrqqrr/gas_industry) has announced the addition of the "Gas Industry Market Report Plus 2014" report to their offering. This Market Report analyses the UK downstream gas industry, which refers to the treatment of raw natural gas, and the marketing and distribution of gas to consumers, as opposed to the upstream sector, which is concerned with exploration for and the production of gas in the waters surrounding the UK. UK production of natural gas decreased year-on-year between 2008 and 2012, by 42.8%. Production of natural gas from the UK Continental Shelf (UKCS) is in long-term decline due to falling North Sea reserves. In 2011, UK imports of natural gas surpassed its own production for the first time, highlighting the UK's increasing reliance on foreign countries in the gas industry. Sales of natural gas at current prices fluctuated over the review period, but experienced 5.6% growth overall. The domestic sector is by far the most significant customer, with total sales to this segment making up nearly 60% of total gas sales in 2012. Electricity generation is another major sector and accounted for 18.5% of total UK sales in the same year. The cost of energy has increased dramatically in recent years, driven by rising wholesale prices, the cost of energy transportation, and the increasing amount being spent on Government social schemes. In 2012, sales of natural gas to the domestic sector increased by 25.3%, while the sector experienced a fall of 15.6% in terms of volume consumption. This reflects the sharp rise in the price of natural gas in that year. The energy market in Europe is currently undergoing fundamental changes. New regulations and legislation have been implemented across EU member states to reduce carbon emissions by reducing dependence on traditional fossil fuels, and increasing the use of renewable and greener energy sources. The Climate Change Act 2008 sets out a greenhouse gas reduction target of 80% by 2050 on 1990 levels. The first part of the target requires the UK to cut emissions by 34% on 1990 levels by 2020. The Directive 2009/28/EC on renewable energy, published in April 2009, requires each EU state to produce a certain proportion of energy for consumption using renewable sources. The Directive sets a target for the UK to derive 15% of its energy consumption from renewable sources by 2020. These factors are causing the utilisation of conventional power stations to decline, which, in turn, is having a negative impact on conventional energy demands. In the coming years, the UK will continue to introduce a diverse mix of energy generation to reduce greenhouse gases, while maintaining affordable and secure supplies. Solar thermal panels can generate electricity and heat for buildings and properties. As more households and business adopt greener technology, this will inevitably have a negative impact on gas demand. Companies Mentioned - Bord Gais - Centrica PLC - DONG Energy Sales - E.ON UK PLC - EDF Energy PLC - Firmus Energy - Gazprom Marketing and Trading - GDF Suez - Interconnector (UK) Ltd - National Grid PLC - Northern Gas Networks - RWE npower PLC - Scottish Power UK PLC - SSE PLC - Statoil (UK) Ltd - Viridian Group Ltd For more information visit http://www.researchandmarkets.com/research/hr...s_industry About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
GDF SUEZ Canada Announces Start of Commercial Operation of the 99MW Cape Scott Wind Project in British Columbia
CNW Group - Thu Jan 23, 3:03PM CST
GDF SUEZ Canada Inc. today announced the 99MW Cape Scott Wind Project on Vancouver Island, British Columbia, entered commercial operation under a 20-year power purchase agreement with BC Hydro.
The impact of regional instability on the "duty of care" to be addressed at the 3rd Annual Oil & Gas Security Summit
PRWeb - Wed Jan 22, 11:16PM CST
"Duty of Care" for foreign and national workers is a pressing consideration for Security and HSSE Managers from Oil and Gas companies operating in the Middle East currently. This topic will be addressed in depth at the 3rd Oil & Gas Security Summit in Dubai on the 4th-5th of March 2014.
The Arctic Oil & Gas 2014 Summit Commencing on Tuesday at the Hotel Bristol, Oslo
PRWeb - Wed Jan 22, 3:43AM CST
Globally operating companies, such as Lukoil, Lundin, Faroe Petroleum, Total E&P, BG Group, GDF Suez will be part of the speaker faculty and the senior level delegation.
GDF SUEZ Canada and Partners Announce Start of Commercial Operation of the 99MW Cape Scott Wind Project in British Columbia
CNW Group - Tue Jan 21, 3:58PM CST
GDF SUEZ Canada Inc. and joint venture partners Mitsui & Co., Ltd. and Fiera Axium Infrastructure Inc. today announced the 99MW Cape Scott Wind Project on Vancouver Island, British Columbia, entered commercial operation under a 20-year power purchase agreement with BC Hydro.
Eric Bradley Named Senior Vice President of Strategy At GDF SUEZ Energy North America
PR Newswire - Thu Jan 16, 4:28PM CST
GDF SUEZ Energy North America (GSENA) announced today that it has named Eric Bradley as its new Senior Vice President of Strategy.
Frank Katulak Named President And CEO Of GDF SUEZ Gas NA
PR Newswire - Thu Jan 16, 4:04PM CST
GDF SUEZ Gas NA (GSGNA) announced today that it has named Frank Katulak as its new President and CEO.
Industry leaders will meet at E&P Information and Data Management Event in London in February 2014
PRWeb - Thu Jan 16, 10:40AM CST
16th annual E&P Information and Data Management Conference will take place on Wednesday, 12th and Thursday, 13th of February 2014 in Central London.
Westinghouse Takes Next Steps To Build Three AP1000(R) Nuclear Reactors In UK With NuGen
GlobeNewswire - Tue Jan 14, 11:07AM CST
via PRWEB - Westinghouse Electric Company today announced that Toshiba Corporation has agreed in principle to buy a 60 percent share in the NuGeneration Limited (NuGen) Moorside project in West Cumbria, U.K., and they intend to move forward with the AP1000 new-build project in partnership with GDF SUEZ.
M&A Prospects in Indian Power Generation Sector: Identifying Thermal, Wind, Solar and Biomass Power Plants
M2 - Tue Mar 04, 3:35AM CST
Research and Markets (http://www.researchandmarkets.com/research/jv7m5d/manda_prospects) has announced the addition of the "M&A Prospects in Indian Power Generation Sector: Identifying Thermal, Wind, Solar and Biomass Power Plants" report to their offering. About 65,000 MW of thermal capacity across India runs the risk of turning into bad assets; Given a capital cost of Rs 5 crore per MW, that is upwards of Rs 3,00,000 crore at risk; much of this is bank loans as these projects, typically, came up with a 80 per cent debt component Companies that had acquired land, signed MoUs (memorandums of understanding), coal linkages, etc are now looking to sell and exit As per an estimate, as many as 700 thermal plants across India applied for an environmental clearance between 2006 and 2010. Between them, they were looking to add 701,820 MW of capacityabout six times India's overall power capacity in 2011 and seven times the target for the 12th five-year plan (2012-17) The M&A space in the power generation sector in India is expected to gain further traction from hereon. The authors of the view that this is the most conducive time to buy these assets for anyone looking for strategic investment in India's power story. Most of the Indian companies that entered into power sector with short term goals are seeing themselves being trapped into the sector and are surrounded by some of the unexpected development both on structural and commercial front, these companies want to exit from power business. There are companies that went on investment spree over the years only to find that the economic slowdown in India has hammered their balance sheets out of shape, and hence are in a balance sheet repair mode with asset offload as the only available option. The authors had anticipated this well in advance and hence initiated research on the topic in 2013 in its research report M&A Prospects in Indian Power Generation Sector: Identifying Thermal, Wind, Solar and Biomass Power Plants likely to be up for Sale"" covers all such plants that are likely to become distressed asset The report is envisaged keeping in mind the need of the industry to get critical information pertaining to assets that are likely to be put on block for sale, this will act as preliminary due diligence before the companies interested in buying power assets deploy investment bankers to evaluate attractiveness of the asset. The report rates each and every asset and buckets each asset under three categories - valuation event asset, distressed asset, strategic divestment asset. The report applies technical and economical parameters as filter to the large universe of private sector power plants, some this parameters are; plant plf (operating below 50%), fuel linkage status, ppa sale vs merchant sale, balance sheet leverage, rupee depreciation impact. It's a report which is must for both Indian and MNCs looking for power assets in India in both conventional and non-conventional space. Key Topics Covered: Executive Summary Evaluating Factors Favoring Investments in Power Generation Sector in India Evaluating Factors Risking Viability & Sustainability of Power Generation Sector in India Status Check on Upcoming & Planned Power Plants in India Status Check on New Investment / Expansion Plans of Companies in Power Generation Sector Trends in M&A deals in Power Generation Sector Detailed Asset Profiling of Assets up for Sale - Primary Survey Identifying Key Reasons for Exiting Power Generation Business Regulations Governing M&A in Indian Power Sector Due Diligence of Shortlisted Attractive Assets Power Plants Asset Database Companies Mentioned - Adani - AES - CESC - CLP - E.ON - Essar - GDF Suez - GMR - Lanco - MNCs - NTPC - Reliance Power - Tata Power - Torrent For more information visit http://www.researchandmarkets.com/research/jv..._prospects About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
RegLearn by HCLabs Enjoys Growing Popularity in the EU with SAP Learning Solution Clients
PRWeb - Thu Feb 27, 2:39AM CST
Electrabel, a Belgium-based subsidiary of GDF Suez, recently became the latest HCLabs customer in the EU with their purchase of RegLearn, HCLabs' SAP-certified add-on for the SAP Learning Solution (LSO).
GrDF Selects Itron for Smart Gas Meters in France
Business Wire - Wed Feb 26, 7:45AM CST
Itron, Inc. (NASDAQ:ITRI), a world-leading technology and services company dedicated to the resourceful use of energy and water, announced today that Gaz reseau Distribution France (GrDF), the main natural gas utility in France and 100 percent-owned subsidiary of GDF Suez, has selected Itron as a main supplier of Gazpar smart gas meters for its Smart Gas Meter project. The project will create smart metering excellence in France to benefit GrDF customers, improve operational efficiency and create jobs.
GDF SUEZ Canada Announces Start of Commercial Operation of 10MW Beckwith Solar Project in Ontario
PR Newswire - Tue Feb 25, 5:22AM CST
GDF SUEZ Canada, Inc. today announced that the 10MW Beckwith Solar Project in Ontario has entered commercial operation under a 20-year power purchase agreement with the Ontario Power Authority.
Mobiquity Vice President of Mobile Insights Joins Industry Experts for AirWatch Connect Panel at Mobile World Congress
PR Newswire - Mon Feb 24, 8:00AM CST
Mobiquity (http://mobiquityinc.com), a mobile engagement provider creating innovative solutions that drive business value, today announced Vice President of Mobile Insights Eugene Signorini will join industry experts from GDF SUEZ Energy Services, Shell and VDC Research for a panel discussion at AirWatch Connect Barcelona during Mobile World Congress, Feb. 25 in Barcelona, Spain. The panel, entitled 'Blueprint for a Secure BYOD Program,' will focus on how enterprises can successfully implement BYOD programs, and leverage BYOD as a foundation for mobile innovation.
Global Unconventional Gas Market 2014-2018 with BP plc, Chesapeake Energy Corp., Chevron Corp., ExxonMobil Corp., and Royal Dutch Shell plc Dominating
M2 - Tue Feb 18, 8:56AM CST
Research and Markets (http://www.researchandmarkets.com/research/hcgw9d/global) has announced the addition of the "Global Unconventional Gas Market 2014-2018" report to their offering. The analysts forecast the Global Unconventional Gas market to grow at a CAGR of 4.7 percent over the period 2013-2018. One of the key factors contributing to this market growth is the depleting conventional gas reserves. The Global Unconventional Gas market has also been witnessing rapid technological advancements. However, the capital-intensive market could pose a challenge to the growth of this market. Key vendors dominating this space are Arrow Energy Pty Ltd., BG Group plc, BP plc, Chesapeake Energy Corp., Chevron Corp., Dart Energy Ltd., Devon Energy Corp., ExxonMobil Corp., and Royal Dutch Shell plc. Other vendors mentioned in the report are Aberdeen Drilling Management Ltd., Alkane Energy, Baker Hughes Inc., BHP Billiton Group, Cathy Oil and Gas Ltd., China United Coalbed Methane Corp., Constellation Energy Group, Devon Energy Corp., Double Eagle Petroleum Co., Encana Corp., Essar Energy Plc, Gazprom Oao, GDF Suez S.A., Halliburton Co., Mitsubishi Corp., Penn Virginia Corp., Osaka Gas Co. Ltd., Sinopec Ltd, Storm Cat Energy Corp., Strait Oil & Gas Ltd., Tlou Energy, Total S.A., and Warren Resources Inc. Commenting on the report, an analyst from the team said: Over the years, there has been a tremendous increase in the technological advancements that have led to the increase in extraction of unconventional gas from reservoirs. The technological advancements include unlocking the potential of unconventional gas, managing produced water, development and determination of gas, well log interpretation, and the development of well simulation models. Also, the market vendors are increasing their investments in R&D, which in turn is reducing the time and cost for horizontal drilling. Moreover, the overall volume of production, cost, and risk has significantly reduced due to the rapid technological advancements in the industry. Therefore, the rapid technological advancements are one of the key trends that are expected to propel the growth of the Global Unconventional Gas market during the forecast period. For more information visit http://www.researchandmarkets.com/research/hcgw9d/global About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Approval to export granted for the American project Cameron LNG: A major step in its development
PR Newswire - Wed Feb 12, 5:22AM CST
Cameron LNG, one of the most advanced U.S. LNG export projects, promoted by GDF SUEZ as a shareholder and a capacity holder, has just reached a decisive step with the conditional non-Free Trade Agreement (FTA) approval from the U.S. Department of Energy (DOE). The Non-FTA authorization will enable GDF SUEZ to export LNG from the Cameron LNG project in Louisiana into countries that have not signed a FTA with the USA. The project already received the FTA approval in January 2012. The two approvals will enable GDF SUEZ to sell the LNG produced by the Cameron plant to a much wider range of partners around the world.
GDF SUEZ Energy Resources Supports Gulf Chemical & Metallurgical Corporation's Commitment To Environmental Responsibility
PR Newswire - Thu Feb 06, 8:58AM CST
GDF SUEZ Energy Resources NA announced today that it will provide power to Gulf Chemical & Metallurgical Corporation (GCMC). This contract strengthens GCMC's commitment to environmental responsibility by incorporating Renewable Energy Certificates and peak load curtailment services into its Freeport recycling facility operations.
Gas Industry Market Report Plus 2014
M2 - Mon Feb 03, 2:29AM CST
Research and Markets (http://www.researchandmarkets.com/research/hrqqrr/gas_industry) has announced the addition of the "Gas Industry Market Report Plus 2014" report to their offering. This Market Report analyses the UK downstream gas industry, which refers to the treatment of raw natural gas, and the marketing and distribution of gas to consumers, as opposed to the upstream sector, which is concerned with exploration for and the production of gas in the waters surrounding the UK. UK production of natural gas decreased year-on-year between 2008 and 2012, by 42.8%. Production of natural gas from the UK Continental Shelf (UKCS) is in long-term decline due to falling North Sea reserves. In 2011, UK imports of natural gas surpassed its own production for the first time, highlighting the UK's increasing reliance on foreign countries in the gas industry. Sales of natural gas at current prices fluctuated over the review period, but experienced 5.6% growth overall. The domestic sector is by far the most significant customer, with total sales to this segment making up nearly 60% of total gas sales in 2012. Electricity generation is another major sector and accounted for 18.5% of total UK sales in the same year. The cost of energy has increased dramatically in recent years, driven by rising wholesale prices, the cost of energy transportation, and the increasing amount being spent on Government social schemes. In 2012, sales of natural gas to the domestic sector increased by 25.3%, while the sector experienced a fall of 15.6% in terms of volume consumption. This reflects the sharp rise in the price of natural gas in that year. The energy market in Europe is currently undergoing fundamental changes. New regulations and legislation have been implemented across EU member states to reduce carbon emissions by reducing dependence on traditional fossil fuels, and increasing the use of renewable and greener energy sources. The Climate Change Act 2008 sets out a greenhouse gas reduction target of 80% by 2050 on 1990 levels. The first part of the target requires the UK to cut emissions by 34% on 1990 levels by 2020. The Directive 2009/28/EC on renewable energy, published in April 2009, requires each EU state to produce a certain proportion of energy for consumption using renewable sources. The Directive sets a target for the UK to derive 15% of its energy consumption from renewable sources by 2020. These factors are causing the utilisation of conventional power stations to decline, which, in turn, is having a negative impact on conventional energy demands. In the coming years, the UK will continue to introduce a diverse mix of energy generation to reduce greenhouse gases, while maintaining affordable and secure supplies. Solar thermal panels can generate electricity and heat for buildings and properties. As more households and business adopt greener technology, this will inevitably have a negative impact on gas demand. Companies Mentioned - Bord Gais - Centrica PLC - DONG Energy Sales - E.ON UK PLC - EDF Energy PLC - Firmus Energy - Gazprom Marketing and Trading - GDF Suez - Interconnector (UK) Ltd - National Grid PLC - Northern Gas Networks - RWE npower PLC - Scottish Power UK PLC - SSE PLC - Statoil (UK) Ltd - Viridian Group Ltd For more information visit http://www.researchandmarkets.com/research/hr...s_industry About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
GDF SUEZ Canada Announces Start of Commercial Operation of the 99MW Cape Scott Wind Project in British Columbia
CNW Group - Thu Jan 23, 3:03PM CST
GDF SUEZ Canada Inc. today announced the 99MW Cape Scott Wind Project on Vancouver Island, British Columbia, entered commercial operation under a 20-year power purchase agreement with BC Hydro.
The impact of regional instability on the "duty of care" to be addressed at the 3rd Annual Oil & Gas Security Summit
PRWeb - Wed Jan 22, 11:16PM CST
"Duty of Care" for foreign and national workers is a pressing consideration for Security and HSSE Managers from Oil and Gas companies operating in the Middle East currently. This topic will be addressed in depth at the 3rd Oil & Gas Security Summit in Dubai on the 4th-5th of March 2014.
The Arctic Oil & Gas 2014 Summit Commencing on Tuesday at the Hotel Bristol, Oslo
PRWeb - Wed Jan 22, 3:43AM CST
Globally operating companies, such as Lukoil, Lundin, Faroe Petroleum, Total E&P, BG Group, GDF Suez will be part of the speaker faculty and the senior level delegation.
GDF SUEZ Canada and Partners Announce Start of Commercial Operation of the 99MW Cape Scott Wind Project in British Columbia
CNW Group - Tue Jan 21, 3:58PM CST
GDF SUEZ Canada Inc. and joint venture partners Mitsui & Co., Ltd. and Fiera Axium Infrastructure Inc. today announced the 99MW Cape Scott Wind Project on Vancouver Island, British Columbia, entered commercial operation under a 20-year power purchase agreement with BC Hydro.
Eric Bradley Named Senior Vice President of Strategy At GDF SUEZ Energy North America
PR Newswire - Thu Jan 16, 4:28PM CST
GDF SUEZ Energy North America (GSENA) announced today that it has named Eric Bradley as its new Senior Vice President of Strategy.
Frank Katulak Named President And CEO Of GDF SUEZ Gas NA
PR Newswire - Thu Jan 16, 4:04PM CST
GDF SUEZ Gas NA (GSGNA) announced today that it has named Frank Katulak as its new President and CEO.
Industry leaders will meet at E&P Information and Data Management Event in London in February 2014
PRWeb - Thu Jan 16, 10:40AM CST
16th annual E&P Information and Data Management Conference will take place on Wednesday, 12th and Thursday, 13th of February 2014 in Central London.
Westinghouse Takes Next Steps To Build Three AP1000(R) Nuclear Reactors In UK With NuGen
GlobeNewswire - Tue Jan 14, 11:07AM CST
via PRWEB - Westinghouse Electric Company today announced that Toshiba Corporation has agreed in principle to buy a 60 percent share in the NuGeneration Limited (NuGen) Moorside project in West Cumbria, U.K., and they intend to move forward with the AP1000 new-build project in partnership with GDF SUEZ.
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