Bern (ots) - The Federal Electricity Commission (ElCom) has recognised a higher value for the distribution grid and has adjusted the figure upwards by around CHF 400 million. Based on this decision, BKW is able to claim higher income for the use of the distribution grid. BKW welcomes this decision, which will enable additional investments in an innovative and ...
Bern (ots) - Electricity prices will increase slightly for BKW's customers in 2015. This adjustment is mainly due to a significant increase in the statutory charges introduced to promote renewable energies (CRF). Private and basic-provision commercial customers will pay an average of 2.9% more for their electricity in 2015, primarily due to the higher statutory fees. This percentage may vary between individual customers, ...
Bern (ots) - BKW enters into cooperation with Entelios, a leading provider of intelligent energy management solutions. This will enable BKW's industrial and SME customers to participate in the power and energy balancing markets and earn revenue from flexible power consumption and generation. The collaboration with ...
Bern (ots) - BKW shut down the Mühleberg nuclear power plant (KKM) yesterday for scheduled maintenance work and refuelling to take place. The work will take about four weeks. Extensive internal and external testing of the reactor pressure vessel, preventive electrical and mechanical maintenance as well as the periodic testing of components, fittings and systems are the priorities this year. In addition, 36 of the 240 ...
Bern (ots) - BKW is planning to transfer its shareholding in swissgrid to a wholly-owned subsidiary. As part of a minority shareholding, CSA Energy-Infrastructure Switzerland, an investment group exclusively for Swiss pension funds managed by Credit Suisse Energy Infrastructure Partners AG, intends to acquire a 49.9 per cent stake in this subsidiary. BKW also aims to ...
Frankfurt am Main (ots) - - Hermes-covered loan of USD 265 million - State-of-the-art power plant construction in the Philippines - Key German technology from Siemens facilitates lower-CO2 energy production at optimal efficiency KfW IPEX-Bank is financing the construction of a 414 MW combined cycle gas-fired power ...
Bern (ots) - The Federal Council has enacted an amendment to the parameters for calculating contributions to the Decommissioning and Waste Disposal Fund as part of a revision of the Stilllegungs- und Entsorgungsfondsverordnung (SEFV; Ordinance on the Decommissioning and Waste Disposal Fund). The decision means that BKW will have to pay much higher contributions to the ...
Frankfurt, Main (ots) - - Financing of replacement investments - Iron Ore Company of Canada supplies high-quality iron ore concentrate and pellets to Germany and Europe - Deposit reserves have an extended lifetime, ensuring long-term supply of raw materials KfW IPEX-Bank is financing key replacement investments for ...
London (ots/PRNewswire) - IFSEC Global.com has announced Bob Forsyth, MD of MITIE Total Security Management, as the security industry's most influential person at IFSEC International 2014 (17-19 June). (Logo: http://photos.prnewswire.com/prnh/20130723/629764-a ) And Sir Ken Knight, the former Chief Fire and Rescue Adviser to the Government, topped FIREX International's ...
Calgary, Alberta (ots/PRNewswire) - Calgary-based Hitachi ID Systems [http://www.hitachi-id.com ] is pleased to announce that it was selected to provide identity management solutions for a multi-billion dollar energy company based out of Texas. Hitachi ID participated in a rigorous year-long selection process and ...
Edmonton, Alberta (ots/PRNewswire) - First commercial advanced biorefinery to exclusively use municipal solid waste to produce advanced biofuels and chemicals Enerkem (http://www.enerkem.com) officially inaugurated today its first full-scale municipal waste-to-biofuels and chemicals facility in Edmonton, Alberta. ...
Bern (ots) - BKW is reviewing a sale of its shareholding in swissgrid Ltd., in which it holds a 12.6% stake. The review aims to further increase BKW's financial flexibility. It is being carried out in view of BKW's strategic realignment from energy supplier to integrated energy service provider. Contact: Antonio Sommavilla media@bkw.ch ...
Bern (ots) - BKW welcomes voters' rejection of the "Mühleberg off the Grid" initiative. The results of the referendum show that voters in the canton of Bern trust BKW and support the decision in favour of an orderly shutdown for Mühleberg nuclear power plant in 2019. BKW will continue with the preparations to shut down the plant according to plan. BKW is pleased with ...
Bern (ots) - At the Annual General Meeting in Berne, BKW Inc presented its shareholders with a solid operating result for fiscal 2013. The Annual General Meeting approved the 2013 annual and consolidated financial statements and voted in favour of a dividend payment of CHF 1.20 per share. Shareholders also ...
Camarillo, California (ots/PRNewswire) - All amounts are in U.S. Dollars unless otherwise indicated: 1st Qtr 2014 1st Qtr 2013 % Earnings (Loss): $ Thousands $250 $(5,320) - $ per common share assuming dilution $0.00 $(0.04) - Capital Expenditures $12,954 $2,492 420 Average production per day (Boepd) 962 1,674 (43) Average Product Price per Barrel $78.18 $34.69 125 Average Netback per Barrel $57.36 $18.89 204 3/31/2014 ...
Bern (ots) - In 2013, BKW's sustainability management focused on intensifying dialogue with stakeholder groups. Sustainability is a crucial success factor for BKW in its journey from electricity producer to comprehensive energy service provider. Sustainability is not only about environmental aspects, it also has an economic and social dimension. In times of declining ...
Bern (ots) - The BKW Board of Directors has appointed Ronald Trächsel the new Chief Financial Officer CFO and member of the Group Executive with effect from 1 August 2014. As Head of Finance and Services, he will take over from Beat Grossenbacher, who is moving to SRG SSR. Until the end of February 2014, Ronald Trächsel was CFO of the globally active Sika Group, a specialty chemicals company operating in 84 countries ...
Bern (ots) - In what proved to be an exceptionally challenging economic and regulatory environment, the BKW Group achieved a very good operating profit for the 2013 financial year. Contributory factors included in particular higher production volumes, the growing service business, a stable networks business and consistent implementation of the cost reduction programme. ...
Bern (ots) - In view of her future mandate with the Cantonal Bank of Bern (BEKB), Antoinette Hunziker-Ebneter has decided to stand down from the Board of Directors at the BKW Annual General Meeting on 9 May 2014. Antoinette Hunziker-Ebneter joined the BKW Board of Directors in the spring of 2006 and has served as its Vice Chairman since May 2007. Since 2006 she has ...
Bern (ots) - In an exceptionally challenging economic and regulatory environment, the BKW Group posted very good operating income of around CHF 500 million for the 2013 financial year. However, for the purpose of the year-end financial statements, distortions on the electricity market necessitated the recognition of ...
Hertfordshire, UK (ots) - SkyVision Global Networks Ltd., a leading global communications provider, today announced the successful implementation of its project with SAPETRO (South Atlantic Petroleum), one of Nigeria's major oil and gas upstream companies with new operations in Benin, which includes the installation ...
Bern (ots) - BKW is selling 100% of the shares in Swiss Solar Invest AG - a company founded with a view to implementing photovoltaic plants - to UBS Clean Energy Infrastructure Switzerland, a limited partnership for collective investments. For its part, Swiss Solar Invest AG is acquiring from BKW a portfolio of photovoltaic plants with a collective installed capacity of up to 4.67 MW. At the same time, BKW will enter into ...
Dubai (ots) - Canadian Energy Equipment Manufacturing FZE ("CEEM"), a UAE oilfield specialist equipment manufacturer with facilities in Ras Al Khaimah and Dubai, has announced that UMW Oil & Gas Corporation Berhad ("UMW Oil & Gas") has purchased one of its Advanced Hydraulic Workover Units ("AHWU"). The total order value is for USD2.8 million and includes a 460k ...
London (ots) - ISCC EU and DE certified, Ennovor is currently undergoing an audit to become qualified to trade RSB certified biodiesel. The Roundtable on Sustainable Biomaterials is a European Commission approved system for the certification of biomaterials including biofuels. A multi-stakeholder scheme, RSB brings together farmers, companies, non-governmental ...
London (ots) - Ennovor Group, a global sustainable biofuels company, is pleased to announce that it has signed a rolling tolling contract with one of Spain's largest biodiesel refiners. An innovator of feedstock procurement, supply chain development and sustainability assurance, Ennovor plans similar tolling agreements with a number of specialist biodiesel refineries ...
Frankfurt (ots) - - USD 60 million promotional loan awarded to PTA Bank - Important contribution to achieving sustainable economic growth and promoting employment in COMESA member states KfW Development Bank has signed a USD 60 million promotional loan with the Eastern and Southern African Trade and Development Bank (PTA Bank). The Bank is providing companies in the ...
Alberta Electric System Operator
Calgary, Alberta (ots/PRNewswire) - The Alberta Electric System Operator (AESO) has announced the five companies who will compete for the opportunity to build, finance, own and operate a major component of Alberta's transmission infrastructure from the Wabamun area to the Fort McMurray area under the newly created Competitive Process. The AESO received submissions from ...
Camarillo, California (ots/PRNewswire) - BNK Petroleum Inc. (the "Company" or "BNK") , is providing an update on its Tishomingo Field, Caney oil shale operations in Oklahoma as well as its Polish shale gas project. Oklahoma - Tishomingo Field BNK's strategy for its 2013 Caney drilling program was to prove the productivity of the Caney formation in our Tishomingo field. The Company's efforts were focused on increasing the ...
Bern (ots) - In 2013 BKW Energie AG's Mühleberg nuclear power plant (KKM) achieved an impressive volume of electricity production, generating a gross 3,068 million kilowatt hours (kWh) and recording availability of 91 percent. Due to the temporary shutdowns for maintenance work on a circulation pump, the volume of electricity was slightly lower than in the record year of 2012. Thanks to virtually fault-free operation and ...
Bern (ots) - Beat Grossenbacher, CFO and member of the Group Executive Board of BKW Inc., has decided to move to SRG SSR. As Head of Finance and Controlling, Beat Grossenbacher will also be a member of the SRG Executive Board. As agreed with SRG, he will move to his new position with SRG by 1 July 2014. Beat Grossenbacher (53) joined the Executive Board of BKW on 1 January 2009, and from then on headed the company's ...