Data from the US Energy Information Administration (EIA) shows that total electricity production in the country has risen by just 6 per cent over the last decade.
China has broken ground on a 3 billion yuan ($476 million) nuclear power project. Construction of the project at Shidao Bay in the coastal city of Rongcheng, in Shandong province, has begun, according to Huaneng Shandong Shidao Bay Nuclear Power Company (HSNPC), the builder and operator of the plant.
State power companies in Turkey and the United Arab Emirates (UAE) have signed an agreement to invest in a $12 billion project to produce electricity in Turkey’s Afsin-Elbistan region, according to a statement by Turkey’s Energy Minister.
It has been announced that electricity tariffs in Singapore will fall by an average of 3.7 per cent for the period January 1 to March 31.
The Finance Minister of Bangladesh, A M A Muhith, said that he expected the country’s power generation capacity to exceed demand within the next four years.
India’s largest gas-fired power plant at Dabhol in Maharashtra state has seen power generation plunge to less than 450 MW, compared with a nominal total capacity of 1967 MW.
Ameren Corporation has announced that it plans to get out of the US merchant power generation business, which produces power for the competitive wholesale electricity market, citing weak power prices and the increasing cost of environmental compliance.