EnergyWatch

Utilities

BWSC held unfair advantage in public tender

Few employees in one division were acting independently of the company's management, states BWSC Chief Executive after the Danish state attorney concluded that a violation of tender regulation took place – and it is highly probable that the case involves bribery.

Shell buys energy storage firm

The oil major has purchased German smart battery company Sonnen, which offers an energy storage solution it claims can render consumers practically independent of electrical utilities.

EDF's profit more than halved

2018 was a mix year for France's state-owned utility, which was revenue and operating result grow while the bottom line declined 63 percent.

Vattenfall accused of breaking the law

Several whistleblowers accuse Vattenfall of breaking the law in connection with a tender, in which Siemens was allegedly favored. The Swedish utility rejects the accusations.

Radius overshadows record results for Ørsted

Amidst political controversy, Ørsted has announced that it expects to sell Radius this year, but to whom remains unknown. The company is still clocking up grid profits in its 2018 results.

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