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OPIC approves $288 million wind investment

  • 11 years ago (2013-03-25)
  • Junior Isles
The US’ Overseas Private Investment Corporation (OPIC) has approved $288 million in financial support for two wind generation projects aimed at delivering greater energy security to Pakistan and Peru.

SSE cuts power generation and warns “lights could go out” in UK

  • 11 years ago (2013-03-23)
  • David Flin

Ian Marchant, Chief Executive of SSE, one of the “big six” energy suppliers in the UK, has warned that “there is a very real risk of the lights going out” in the country.

Los Angeles utility announces plans to go coal free

  • 11 years ago (2013-03-22)
  • Junior Isles
The city of Los Angeles, California, USA, will abandon coal-fuelled electricity according to the city’s Department of Water and Power, the US’s largest municipal-owned utility, and instead support renewable energy, energy efficiency and natural gas generation.

Gazprom still looking to acquire European gas-fired plants

  • 11 years ago (2013-03-22)
  • Junior Isles
Gazprom is continuing to push its interest in acquiring combined cycle electric power plants in Europe, even despite cheap coal from the US supressing European gas-fired generation, the company said.

Go ahead for first of UK’s new nuclear plants

  • 11 years ago (2013-03-20)
  • Junior Isles
The UK’s new generation of nuclear power plants moved forward, with French energy giant EDF given the green light to construct the first £14 billion plant at Hinkley Point C, in Somerset.

Private investors raise Kenya’s generation capacity

  • 11 years ago (2013-03-16)
  • David Flin

Kenya’s electricity generation capacity will receive an increase of 80 MW when a new private power project sponsored by local investors reaches completion in the next 12 months.

India working to increase coal imports for power generation

  • 11 years ago (2013-03-13)
  • David Flin

The Indian government is moving to increase coal imports and electricity generating capacity to reduce a power shortage that is hampering economic growth, Jyotiraditya Scindia, India’s Minister for Power, said.

China considers lowering solar subsidies

  • 11 years ago (2013-03-12)
  • Junior Isles
Draft regulations from China’s National Development and Reform Commission show that it is considering lower than expected subsidies for distributed solar power projects, according to industry insiders.

Demand response in the US electricity market

  • 11 years ago (2013-03-09)
  • David Flin

Demand response in the USA has grown to a point where it can potentially meet about 9.2 per cent (72,000 MW) of national peak demand, a growth of 22 per cent from 2010, according to the annual demand response survey conducted by the Federal Energy Regulatory Commission (FERC).

RWE to reduce renewables investment by half

  • 11 years ago (2013-03-07)
  • Junior Isles
Germany’s second-largest utility RWE AG (RWE) plans to reduce renewable-energy investment by 50 per cent next year as it attempts to offset falling earnings and reduce debt.