Articles - Past and present news from The Energy Industry Times

Brazil’s Eletrobras to invest $500 million in USA

  • 9 years ago (2010-07-30)
  • David Flin

Brazil’s state-controlled power company Eletrobras plans to invest up to $500 million in transmission projects in the USA starting in 2011, according to Eletrobras CEO Jose Antonio Muniz Lopez.

UK Government announces 40-year energy action plan

  • 9 years ago (2010-07-29)
  • David Flin

The UK Energy and Climate Change Secretary Chris Huhne presented the UK’s first ever Annual Energy Statement to Parliament on 28 July, in which he outlined a 32-point action plan for the next 40 years.

Ethiopia finishes construction of international interconnection links

  • 9 years ago (2010-07-28)
  • David Flin

Ethiopia has announced the completion of construction of electricity transmission lines to enable the country to supply electricity to neighbouring countries.

Pakistan power shortfall escalates to 2600 MW

  • 9 years ago (2010-07-27)
  • David Flin

After a brief respite following rainy weather reducing power demand, Pakistan is once again in the grip of a major shortfall of power supply compared to demand, the shortfall now standing at over 2600 MW.

UK subsidy for wind, not for nuclear

  • 9 years ago (2010-07-26)
  • David Flin

UK’s Energy Secretary Chris Huhne said in an interview yesterday that he favours harnessing both offshore and onshore wind power, and that the UK will not subsidise a new generation of nuclear power stations.

US Senate abandons climate bill

  • 9 years ago (2010-07-23)
  • David Flin

In the USA, Senate Democrats have abandoned plans to pass a broad energy bill this summer.

KEPCO to buy into Indonesian coal producer

  • 9 years ago (2010-07-22)
  • David Flin

Korea Electric Power Corporation (KEPCO), South Korea’s state-run power company, said that it will buy a 20 per cent stake in PT Bayan Resources, Indonesia’s eighth-largest coal producer by output, for $515 million.

Coal costs dent profits of Chinese power generators

  • 9 years ago (2010-07-20)
  • David Flin

Even though China’s electricity generation capacity continues to grow, the China Electricity Council (CEC) has said that the rate of growth is likely to decline if high coal prices continue to eat away at profit margins.

International Power and GDF-Suez restart partnership talks

  • 9 years ago (2010-07-19)
  • David Flin

International Power of the UK and GDF-Suez of France are believed to have restarted talks of creating a partnership.

IDB and AfDB to support Nigerian power project

  • 9 years ago (2010-07-16)
  • David Flin

The Islamic Development Bank (IDB) and the African Development Bank (AfDB) have announced that they will jointly be supporting the Mambilla Hyrdo Power Project in Nigeria.