Alstom: slimming down to survive

Siemens has bought Alstom's industrial turbines business. At E1.1 billion, Alstom has secured a good price for the unit. The sale also means that its E3 billion disposal program is off to an encouraging start. Much work remains to be done, however, if the company is to survive its E5 billion debt burden.

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Bewag: split ownership expected to be approved

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Biofuels: a Swedish exception

Svenska Statoil, the Swedish division of Norwegian oil and gas company Statoil has announced that its sales of biofuel are growing at a rapid rate. However, the case of Statoil and Sweden is the exception rather than the rule, and widespread conversion to biofuels in Europe will only come from increased government pressure and consumer demand.

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CO2 emissions: Germany implements reductions

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Cross-selling: 42% of Swedes open to buying cars from a fuel retailer

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Elsam: shareholders deliberate the perfect fit

Elsam's board has spurned Vattenfall and thrown its weight behind a rival offer from the Danish state-owned DONG. If successful, this new entity would deliver on the government's desire to produce a national energy champion. However, shareholders are perhaps rightly unconvinced of the benefits of combining an integrated power utility and an upstream oil and gas company.

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Energy: fifth of customers would take financial services from energy supplier

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Energy: quarter of customers would buy insurance from energy supplier

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European electricity: counting the cost of inefficient service

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European power markets: TSO integration faces numerous obstacles

The Nordic countries are currently seeking to fully integrate their grid network systems so that they operate under a single management. While a number of vertically integrated utilities elsewhere in Europe are also proposing to create an integrated, independent transmission system operator, they should pay heed to the developments in the Nordic market to better grasp the scale of such a task.

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