New coal-fired power plants with carbon capture and storage (CCS) technology are unlikely to be built in the US without federal subsidies –even with the new environmental regulations that support the technology, a Bloomberg Government report says.
Europe's economic slump has depressed overall emissions and the price of carbon in the EU ETS, allowing utilities to turn back to cheap, highly polluting coal-fired generation while still meeting their emissions targets, recent figures show.
Wisconsin Public Services Corporation (WPS) has announced that it plans to spend $250 million to upgrade a coal-fired boiler in Wausau so that it meets US Federal clean air rules.
India plans to construct 80 000 MW of generation capacity during its 12th Five Year Plan 2012-17, Power Minister Sushilkumar Shinde has said.
The Times of India has reported that a shortage of coal, combined with wet coal problems in 2011, will result in the Maharashtra State Electricity Distribution Company Limited (MSEDCL) putting up its electricity tariff to meet the increased cost of importing power.
South Korea has passed a law launching its emissions trading scheme (ETS) beginning in 2015, making the country the third in the Asia-Pacific region, and the first in Asia, to commit to a cap-and-trade scheme.
Hamad Bin Isa Al-Khalifa, King of Bahrain, has inaugurated Bahrain's largest independent power generation and water desalination plant owned by Al-Dur Power & Water Company.
Bolivian president Evo Morales said he is nationalising and seizing control of the main power grid from Spanish-owned Red Eléctrica Corporaciión, which has operated most of Bolivia's electricity distribution since privatisation 15 years ago.
The Bahrain Government and the Malaysian independent power producer Malakoff Corporation Berhad (MCB) have signed an investment agreement in Hidd Power Company (HPC).
Wingas GmbH, one of Germany’s largest importers of natural gas, claims the German government needs to improve investment conditions for gas-fired power plants if it is to ensure continued energy security.