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Dynegy purchase of ENGIE plants wins conditional approval

  • 7 years ago (2016-12-29)
  • David Flin

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.

Medco plans three gas-fired power plants

  • 7 years ago (2016-12-28)
  • David Flin

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.

Nigeria to become renewable energy hub

  • 7 years ago (2016-12-27)
  • David Flin

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.

Low carbon sources supply 50 per cent of UK electricity

  • 7 years ago (2016-12-23)
  • David Flin

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 plans $152 million upgrade of Ohio River power station

  • 7 years ago (2016-12-23)
  • David Flin

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 wins first offshore wind project in Belgium

  • 7 years ago (2016-12-23)
  • David Flin

Siemens has entered the offshore wind market in Belgium with a first order for the 309 MW Rentel wind project. 

Generator sales market to grow at CAGR of 5.85 per cent

  • 7 years ago (2016-12-23)
  • David Flin

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.

AfDB approves Nigerian hydro financing

  • 7 years ago (2016-12-23)
  • David Flin

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.

Cold weather causes Columbia nuclear power plant to shut down

  • 7 years ago (2016-12-19)
  • David Flin

Columbia nuclear power station in the state of Washington, USA, was shut down unexpectedly on 18 December.

IFC and MIGA to help Ghana shift power generation to natural gas

  • 7 years ago (2016-12-16)
  • David Flin
The International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA), members of the World Bank, have committed $517 million to support Ghana’s Sankofa Gas Project.