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EDF will acquire the new shares from a holding company controlled by the Italian regional utility A2A.
Last year, the New Belgium Brewing Company, in Fort Collins, Colo., signed an agreement with its regional utility to buy power produced at a windmill being built nearby.
The station was later bought by a regional utility and linked to one of the first hydroelectric systems in the country.
The steam is sent through a maze of pipes to a nearby power plant run by the regional utility, to turn an electrical turbine.
But in America's Pacific north-west, the Bonneville Power Administration (BPA), a regional utility run by the federal government, has been experimenting with a wide-area monitoring system.
On a remote island that's a part of the Kyushu chain, developers are beginning work on a massive 400-megawatt solar park that will transmit energy to the regional utility company through underwater lines.
Similar(32)
This exchange will be backed up by a new semi-regulatory outfit, which will monitor tariffs across regions and try to ensure that the regional utilities are not able to impede competition.Much will depend on how well the traders and the new network monitors do their jobs.
Implementation decisions need to balance the interests of the stakeholders when determining which cogeneration options to adopt and barriers to regional utility-based cogeneration need to be overcome.
Growing competition among Germany's 900 regional utilities has eroded a once steady source of income.
The regional utilities will lose their monopoly over mid-sized customers, such as small businesses and apartment buildings.
Similarly, shares of seven other regional utilities sank to the lowest levels in decades during the week ending July 29.
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CEO of Professional Science Editing for Scientists @ prosciediting.com