Nokia plans energy-saving home project

"Nokia is developing a wireless platform which will be used to control heating and security systems in the home.

As part of the project, which is being flagged as an energy-efficiency initiative, Nokia has partnered with one of Europe's biggest energy companies, RWE with the intention of developing systems for managing energy consumption and CO2 footage in the home.

In a second step, Nokia and RWE, owner of npower in the UK, are planning additional services in connection with smart meters beyond 2009. The aim will be to provide energy users with real-time information about their energy consumption and allow them to control their energy bill remotely."

Electronicsweekly.com

Vattenfall in talks over Thanet wind farm

Vattenfall is in advanced talks with Christofferson, Robb and Company, an investment management company, for the rights to the 300MW Thanet wind farm off the Kent coast, the FT reported on Friday 7 November. Neither company would comment on the proposed deal. The value is likely to be less than £50mn but if successful, Vattenfall will have to invest an estimated £800mn to build the turbines. FT

Wind power drives Spanish electricity prices lower

Wind power is driving Spanish electricity prices down at a time when fuel prices are increasing, notably gas prices, according to the chairman of Spanish utility Endesa, Jose Entrecanales. Endesa's chairman has said that the wind power proposition is already paying off in Spain, bringing down electricity prices and contributing to job creation due to exports of renewable equipment. According to a study undertaken in 2008 by Endesa's markets division, the wind power capacity on the Spanish grid contributed to a reduction in electricity market prices of around E6 per MWh.
Energy Business Review