The US Energy Department has released a report on 23 August stating that cheap natural gas and the growth in renewable energy are speeding up the closure of coal and nuclear plants, which it claims could put the resilience of the US electric grid at risk.
The Trump Administration in the USA has rejected a coal industry request for an emergency order protecting coal-fired power plants, a decision contrary to what one coal executive said the President personally promised him.
The South Korean Government has decided to allow Korea Electric Power Corporation (KEPCO) engage in new renewable energy business in an effort to increase the share of renewable energy in the country’s power production by 20 per cent by 2030.
Abu Dhabi’s renewable energy company, Madar, has signed an EPC contract with a global consortium comprising GE and Spain’s TSK to build the 50 MW Dhofar Wind Power Project in Oman, the first large-scale wind farm in the Gulf Cooperation Council (GCC).
The Transmission Company of Nigeria (TCN) has secured $2 billion to rehabilitate national grid infrastructure, and expand its transmission capacities up to 20,000 MW within the next three years.
Taiwan’s electricity grid has been under strain, and an outage at the country’s biggest gas-fired power plant resulted in a power outage affecting 6 million households on Tuesday.
Mateus Magala, Chairman of Electricidade de Moçambique (EdM), Mozambique’s state-owned electricity company, said that EdM intends to supply power to the whole country by 2030, in a project expected to cost over $16 billion.
SolarReserve has signed a long-term Generation Project Agreement (GPA) to build a 150 MW solar thermal power station near Port Augusta, South Australia.
GE Renewable Energy has won a turnkey contract with Star Pumped Storage Ltd for the 344 MW Kokhav Hayarden hydro pumped storage station, the second to be installed in Israel.
Berat Albayrak, Turkey’s Energy Minister, said that the country plans to build three nuclear power plants between 2023 and 2030, and that these would provide 10 per cent of domestic electricity consumption.