The Indian Energy Exchange (IEX) and Power Exchange India (PXI), both involved in day-ahead energy trading, have approached India’s central Electricity Regulatory Commission (CERC) asking for the introduction of renewable energy certificate (REC) contracts.
The V&H Corporation of Vietnam has announced that it has signed a memorandum of understanding with the Laos Government to build the Lower Sekong Hydropower Plant, with a design capacity of 80 MW.
The Scottish Government has announced that it has accepted a proposal from Statoil, Norway’s largest energy company, to commercially test its Hywind floating wind turbines in deep water either off the coast of Lewis or Aberdeenshire.
India’s Reliance Power has announced that it will invest $5 billion to develop three coal mines and a railway in Indonesia’s South Sumatra, to help support the company’s ambitious domestic programme to boost electricity programme.
The Nigerian government has announced the approval of steps for the sale of 11 power firms, in a bid to solve the power supply situation.
Nigeria’s Presidential Task Force on Power (PTFP) has started consultations with IPPs to determine an appropriate level of tariff. This follows the Federal Government’s directive to the Nigerian Electricity Regulatory Commission (NERC) to review electricity subsidy to ensure that the tariffs reflect the cost of power supply.
Ahmet Aksu, Vice President of the Turkish Privatisation Authority, has said that the country will soon start to privatise electricity generation.
Employee error caused the grid that serves the southern Yukon in Canada to suddenly switch off on 19 August, leaving approximately 14,000 customers without power.
Kenya Electricity Generation Company (KenGen), Kenya’s largest power producer, has said that it has appointed an adviser to help it find a buyer for 19 per cent of the Kenyan government’s stake, reducing the government’s holding from 70 per cent to 51 per cent.