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  • French nuclear company Areva has selected three possible buyers for its global transmission and distribution business.
  • Stocks in German utilities E.ON, EnBW, RWE and Vattenfall rose yesterday as the country is hopeful the new government will pave the way for nuclear energy.
  • The Australian Financial Markets Association has introduced standardized documentation for carbon derivatives under Australia’s Carbon Pollution Reduction Scheme—a cap-and-trade system that could be introduced next year, if passed by Parliament.
  • Delta-Montrose Electric Association and Uncompahgre Valley Water Users Association are planning on government funding for a 6 MW run of the river project near Montrose, Colo.
  • Canadian Hydro Developers is acquiring the rights to what could potentially be the world’s largest offshore wind project from Park City, Utah-based Wasatch Wind for an undisclosed amount.
  • The Florida Public Service Commission's decision, slated for Jan. 11, on a $1.3 billion a year rate increase for Florida Power & Light, could signal a change in state policy toward utilities if the hike is vetoed, according to Regulatory Research Associates.
  • Stephen De May, senior v.p. and treasurer at Duke Energy, will also head investor relations, the Charlotte, N.C.-based company announced Friday.
  • Babcock & Brown Power won’t complete a restructuring on two loans that total A$3.1 billion ($2.7 billion) until later this month.
  • China’s plans to generate 15% of its power from wind by 2020 will be offset by building coal-fired plants as a back up.
  • To save money, the Italian government is planning to gradually reduce solar project subsidies after the initial 1.2 GW of subsidized power is met next year.