The cost of nuclear generation in Japan, even taking into account the compensation related to the Fukushima Daiichi accident, remains likely to be less than using fossil fuels, according to a new study.
The USA’s Dominion Virginia Power filed plans with Virginia state regulators to close its coal-fired power plant on the Elizabeth River’s Southern Branch by 2016 because the cost to upgrade it to meet proposed new environmental standards is too high.
Landis & Gyr and Elster have agreed to develop communications firmware that will work in each other’s metering platforms without installing each other’s communications modules.
Japan’s plans for a rapid expansion of solar power is facing difficulties, with a lack of bank financing proving to be a problem.
A 5.8 magnitude earthquake struck Virginia, USA, causing minimal damage. Dominion Virginia Power’s two North Anna nuclear reactors shut down automatically as a result of the earthquake.
India's nuclear power generation capacity is expected to reach 20 000 MW in around two decades, a top official at the Indira Gandhi Centre for Atomic Research (IGCAR) has said.
China's big five power generation companies: Datang Corpeoration, Guodian Corperation, Huadian Group, Huaneng Group and China Power Investment Corperation have suffered total losses of 18.09 billion yuan ($2.8 billion) from their thermal power generation businesses in the first seven months of the year, widening their losses by 11.3 billion yuan year-on-year, according to the China Electricity Council (CEC).
Nigeria will require a regular capital investment of NGN520 billion ($3.4 billion) to increase its electricity generating capacity from the current level of 4.2GW to 13GW by 2013, according to Nigerian Minister of Power, Prof Bart Nnaji.
South Korea has announced long-term agreements with Royal Dutch Shell and Total, worth Won90 billion ($84.1 billion), to buy from LNG projects in Australia.
A board has been approved for Nigerian Bulk Electricity Trading (NBET), representing a significant step forward in Nigeria’s power reform programme.