The USA’s Federal Energy Regulatory Commission (FERC) has granted conditional approval of Dynegy’s acquisition of ENGIE’s power generation unit, but said that the company may have to sell some generation in ISO New England and the RTO PJM to address market power concerns in the regions’ capacity markets.
PT Medco Power Generation Indonesia, a subsidiary of PT Medco Energi International, has proposed construction of three gas-fired power plants in Indonesia, one of which will be built in Kuala Langsa.
Senator Abdul-Aziz Murtala Nyako, representing the Adamawa Central Senatorial District, has said that despite the current problems in the Nigerian power sector, stakeholders plan to make Nigeria a power generation hub in West Africa, with vast opportunities available in renewable energy.
Official figures from the UK government showed that low carbon electricity accounted for 50 per cent of generation in the third quarter of 2016, up from 45.3 per cent for the same period in 2015.
Duke Energy has announced that it plans to spend $152 million to modernise the nearly 50-year-old Markland Hydro Station on the Ohio River, about 25 miles southwest of Cincinnati, in Indiana, USA.
Siemens has entered the offshore wind market in Belgium with a first order for the 309 MW Rentel wind project.
MarketsandMarkets (M&M) has produced a report, “Generator Sales Market by Type (Diesel and Gas) – Global Forecast to 2020”, which projects that the generator sales market will grow at a CAGR of 5.85 per cent from 2015 to 2020, from $17.59 billion in 2015 to $23.36 billion in 2020.
The African Development Bank (AfDB) has approved a financing package of $100 million for the rehabilitation of the Kainji and Jebba hydropower plants in Nigeria.
Columbia nuclear power station in the state of Washington, USA, was shut down unexpectedly on 18 December.