The Iraqi electricity ministry has announced it is inviting bids for the construction of four power plants to boost its power generation capacity by 2750 MW.
The UK government has proposed sweeping power sector overhauls aimed at securing the billions of pounds of investment needed for low-carbon energy.
Australia needs to spend up to $130 billion on new power generation and upgrades to its grid to comply with new climate change policies.
Microgrids are set to gross $1.7 billion by 2016, according to a new report on the sector by Pike Research. Microgrids use smart grid technology to control distributed power generation and energy storage on smaller localised grids, separate from the utility power grid.
The international climate conference in Cancún, which concluded this week, has resulted in several important agreements being finalised. Plans to launch a $100 billion Green Climate Fund to finance mitigation and adaptation in developing countries were completed. A framework for monitoring, reporting and verifying (MRV) emission reductions, and on principles for reducing emissions from deforestation and forest degradation (REDD) were other notable success.
Powerfuel Plc which had hoped to develop the UK’s first commercial scale clean coal plant with carbon capture and storage (CSS) has gone into administration due to the high cost of the project.
Russian energy giant Gazprom has said it will renegotiate its long term natural gas contracts, which have been undercut by spot market prices.
The Paris-based International Energy Agency (IEA) has called countries worldwide to boost clean energy development under international cooperation, in order to achieve lower emissions as pledged in the Copenhagen Accord.
Low-carbon power sources should account for around 60 per cent of European electricity production by 2030, says the industry association Eurelectric.
Toshiba Corp. announced it has agreed with US engineering service provider Shaw Group Inc. to jointly construct nuclear power plants outside Japan.