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Vattenfall’s bid cuts offshore wind cost

  • 8 years ago (2016-09-14)
  • David Flin
Vattenfall of Sweden has won a tender to build two offshore wind farms with a record-breaking bid of €60 ($67.33) per MWh, 20 per cent lower than the previous record set by Dong Energy in July.

South Korea shuts down four reactors after 5.8 magnitude earthquake

  • 8 years ago (2016-09-13)
  • David Flin
South Korea has announced that it has suspended operations at four of the country’s 25 nuclear power plants as a precautionary measure following two earthquakes that struck the southeast of the country.

China to press ahead with power pricing reform

  • 8 years ago (2016-09-12)
  • David Flin
The pace of reform in China’s electricity market is gathering speed, after stalling for a decade.

Australia to triple solar power capacity

  • 8 years ago (2016-09-09)
  • David Flin
The Australian Government has said it will help fund a dozen large-scale solar projects worth $770 million, as it looks to boost the use of clean power.

Plans for coal-fired power plants drop globally

  • 8 years ago (2016-09-08)
  • David Flin
A recent study by CoalSwarm has said that the amount of coal-fired power generation under development globally has fallen by 14 per cent this year, driven down by China’s oversupply and by a shift towards renewable energy.

World Bank advises Zambia to stop power and fuel subsidies

  • 8 years ago (2016-09-07)
  • David Flin
The World Bank has advised the Zambian government to cut its expenditure bill by dropping a fuel and power subsidy programme, which requires nearly $600 million in public funds from the treasury annually.

Aggreko brings 100 MW ADDGAS-generated power to Benin

  • 8 years ago (2016-09-06)
  • David Flin

Aggreko has won a bid to supply 100 MW of ADDGAS-generated power to Benin.

USA and China agree to ratify Paris climate deal

  • 8 years ago (2016-09-05)
  • David Flin
The USA and China, the world’s biggest emitters of greenhouse gases, have announced that they will both formally ratify the Paris climate change agreement.

Uniper and India Power form 50-50 joint venture in power plant service

  • 8 years ago (2016-09-02)
  • David Flin

India Power Corporation (IPCL) and the German-based Uniper Power have agreed to set up a 50:50 service company joint venture, to be called India Uniper Power Services.

EU deal on green levy for cogeneration plants

  • 8 years ago (2016-09-01)
  • David Flin
Germany has resolved a dispute with the EU, enabling German firms that generate power for their own consumption to remain exempt from a green energy surcharge, according to Sigmar Gabriel, Germany’s Economy Minister.