GE sells 55 turbines to Suncor Energy
GE did not disclose the value of the contract for the 1.6 megawatt turbines. The Wintering Hills project is part of a new "crop" of wind farms being built across Canada. At peak operation, the Wintering Hills wind farm is expected to generate enough clean electricity to power approximately 35,000 Canadian homes.
GE will deliver the turbines to the site beginning in the second quarter of 2011. The project is owned jointly by Suncor and Teck Resources Ltd.
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France hopes to keep Brussels sweet with new electricity pricing scheme
PARIS - France has unveiled a new electricity pricing mechanism, hoping to defuse months of tension over energy subsidies with Brussels and its neighbors.
The strain has included a Franco-German fight over the reform of the bloc's electricity market, with Germany accusing France of wanting to subsidize its industry via artificially low energy prices, while Paris maintained it should have the right to make the most of its relatively cheap nuclear energy. That fight has now been settled.
On Tuesday, the French government presented a new mechanism — complex, and still-to-be-detailed — to bring the average price of electricity closer to €70…
