Bern (ots) - The BKW Group recorded further solid growth in its operations during the first half of 2013 despite a difficult economic environment. Consolidated total operating revenue and operating profit increased, but were affected by low energy prices and two one-off effects. At CHF 103.6 million, net profit was just maintained at the prior-year level. The aims ...
Bern (ots) - Following completion of the annual revision work, BKW Inc. has restarted operations at Mühleberg nuclear power plant. The revision work lasted from 11 August to 6 September 2013. During the revision work, the fuel elements were replaced and repeat test and maintenance work was carried out. Key aspects of the 2013 annual revision were extensive repeat ...
Bern (ots) - The HelveticWind joint venture is expanding its presence in Germany with the acquisition of three wind farms in Brandenburg. The farms have a total capacity of 48 MW. Combined production from the 24 turbines at the three farms - Gross Welle (20 MW), Prötzel (18 MW) and Wulkow (10 MW) - is around 85 GWh. The partners have agreed not to disclose the purchase price for the newly acquired wind farms. ...
Bern (ots) - The Federal Department of the Environment, Transport, Energy and Communications (DETEC) / the Federal Council is proposing to amend the parameters for calculation of contributions to the Decommissioning and Waste Disposal funds in relation to revision of the Stilllegungs- und Entsorgungsfondsverordnung (SEFV; Ordinance on the Decommissioning and Waste Disposal Fund). If the changes come into force, this will ...
Bern (ots) - BKW AG yesterday shut down Mühleberg nuclear power plant (MPP) as scheduled to enable annual revision work and refuelling to take place. This revision work is set to last nearly four weeks. Key aspects of the 2013 annual revision will be extensive repeat testing and inspections of the interior and exterior of the reactor pressure vessel, performed using ...
Calgary (ots/PRNewswire) - All amounts are in U.S. Dollars unless otherwise indicated: Second Quarter First Half 2013 2012 % 2013 2012 % Earnings (Loss): $ Thousands $(929) $(2,630) L $(6,249) $(6,150) L $ per common share $(0.01) $(0.02) L $(0.04) $(0.04) L assuming dilution Capital Expenditures $7,870 $12,142 (35%) $10,362 $22,901 (55%) Average Production (Boepd) 266 1,439 (82%) 966 1,547 (38%) Average Product Price per ...
Düsseldorf/Istanbul (ots) - "All Energy Turkey" specialist trade fair and congress, 11 and 12 September 2013, Istanbul http://bit.ly/AET2013 LinkedIN http://bit.ly/AllEnergyTR Turkey has developed into one of the fastest-growing energy markets and is rapidly establishing a competitive market structure. According to estimates by the Turkish Electricity Transmission ...
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, through its indirect wholly owned subsidiary BNK Petroleum (US) Inc., as well as an update on its Polish operations. The previously announced fracture stimulation of the (Caney) Barnes 6-3H well was completed and the well is currently flowing back ...
Bern (ots) - The BKW Group (BKW) drove forward its commitment to sustainability in the 2012 financial year. The company consistently honours its responsibility in the three areas of ecology, economy and society. Further developments in the interests of sustainability generate business opportunities. The 2012 Sustainability Report documents the following three areas ...
Bern (ots) - BKW AG is acquiring five small hydro power plants from A2A, Italy's second largest energy supplier with headquarters in Milan. Located at various sites in Brescia province (Lombardy), the facilities have a total capacity of just under 10 MW and produce some 40 GWh of power. This acquisition represents a further strengthening of BKW's hydro power commitment ...
Bern (ots) - As of January 1, 2014, BKW AG will be introducing an overall realignment of its electricity prices. The main reasons for these changes are: rising grid usage and system service charges imposed by Swissgrid, the increase in compensatory feed-in remuneration and, to a lesser extent, the increase in production costs in the energy sector. The actual price increase will vary from customer to customer, depending on ...
Bern (ots) - BKW AG has today submitted plans to the Federal Nuclear Safety Inspectorate (ENSI) for the implementation of cooling system retrofits at Mühleberg nuclear power plant (KKM), in compliance with a requirement made by ENSI at the end of 2012. In its statement on long-term operational safety, ENSI had asked for binding implementation plans for the ...
Frankfurt am Main (ots) - - "Brave Tern" and "Bold Tern" designed for operation in the North Sea - Contribution to energy turnaround and environmental and climate protection KfW IPEX-Bank has arranged the financing for two offshore wind farm installation ships for the Norwegian shipping company Fred. Olsen Windcarrier AG. The overall financing volume amounted to EUR ...
Bern (ots) - BKW Inc. and its Italian partners, the Hera Group and Zecca S.r.l., today inaugurated the Tamerete Energy S.r.l. gas-fired power plant in Ortona in the presence of official representatives as well as regional and national politicians. The 104-MW gas-fired power plant is designed to deliver supplies at peak-load times and will make an important contribution to electricity supplies in the region. At the end of ...
Bern (ots) - Following the successful completion of maintenance work, BKW Inc. has restarted operations at Mühleberg nuclear power plant. The Federal Nuclear Safety Inspectorate has been informed of the restart. The planned work included replacing the shaft sealing in a circulation pump. Monitoring of the components showed that a preventive replacement was required ...
Bern (ots) - BKW Inc. plans to carry out scheduled maintenance work on Mühleberg nuclear power plant (KKM). This necessitates a temporary shutdown of the plant, starting on Friday 24 May and ending provisionally on Sunday 26 May 2013. The planned work includes replacing the shaft sealing in a circulation pump. The shaft sealing in the affected pump had already been ...
Bern (ots) - At the Annual General Meeting in Berne, shareholders of BKW Inc. (BKW) were presented with solid results for fiscal 2012. The Annual General Meeting approved the 2012 annual and consolidated financial statements and voted in favour of a dividend payment of CHF 1.20 per share (previous year: ...
Calgary, Alberta (ots/PRNewswire) - - TSX ticker symbol; BKX All amounts are in U.S. Dollars unless otherwise indicated: 2013 2012 % Earnings (Loss): $ Thousands $(5,320) $(3,520) L $ per common share assuming dilution $(0.04) $(0.02) L Capital Expenditures $2,492 $10,759 (77) Average production per day (Boepd) 1,674 1,654 1 Average Product Price per Barrel $34.69 $38.55 (10) Average Netback per Barrel $18.89 $18.08 4 ...
Bern (ots) - In its ruling of 15 April 2013 the Swiss National Electricity Commission ELCOM adjusted the chargeable costs of transmission networks in favour of the BKW. As a result, BKW can claim an additional CHF 3 million in charges for the use of their transmission network On 6 March 2009 ELCOM issued a ruling on ...
Calgary, Alberta (ots/PRNewswire) - TSX ticker symbol; BKX All amounts are in U.S. Dollars unless otherwise indicated: Fourth Quarter Twelve Months 2012 2011 % 2012 2011 % Earnings (Loss): $ Thousands ($4,538) $687 L ($14,948) $705 L $ per common share ($0.03) $0.00 L ($0.10) $0.00 L assuming dilution Funds from operations: $ Thousands $(1,855) ($346) (436%) ($5,545) $5,972 L $ per common share ($0.01) ($0.00) - ($0.04) ...
Bern (ots) - The BKW Group recorded a solid operating profit in 2012 despite the challenging economic and regulatory environment. Both the energy and grid businesses contributed to this positive development, which was supported by higher production volumes from nuclear power plants and renewable energies, the good ...
Bern (ots) - By agreement with the Board of Directors of BKW, Ueli Dietiker has decided to step down at the Annual General Meeting on 17 May 2013. His resignation was made in view of his commitment to Swisscom AG. By deciding to step down, Ueli Dietiker eliminates any potential conflict of interests between his BKW mandate and his position at Swisscom. Dietiker has been a member of the BKW Board of Directors since his ...
Bern (ots) - The BKW Group has reported a solid operating profit despite last year's difficult economic and regulatory environment. Consolidated revenue rose by 8.6% to CHF 2,860 million. The operating result (EBITDA) was CHF 273 million higher at CHF 411 million and contains special provisions for ...
Frankfurt (ots) - - Promotional volume of EUR 73.4 billion with continuing high demand - Increase of SME financing (+7%) - Energy-efficient construction and refurbishment with record volume (+52%) - 40% of promotional activities for environmental and climate protection - Continuation of modernisation process In 2012 KfW Bankengruppe extended a total financing volume of ...
Bern (ots) - BKW Inc. welcomes the priorities set by the Federal Council in its 2050 energy strategy. However, the energy strategy focuses unilaterally on measures related to electricity. To ensure future energy security in Switzerland, a comprehensive approach is needed that gives equal consideration to all energy sources. At the end of May 2011 the Federal Council decided on a withdrawal from nuclear power. As a ...