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Alstom to change emphasis

  • 12 years ago (2011-10-12)
  • David Flin

Alstom’s Chairman and CEO Patrick Kron has announced that Alstom has decided to place more emphasis on BRIC (Brazil, Russia, India, and China) countries and emerging markets, including East Asia, because of the higher growth they offer when compared with conventional markets such as the USA and Europe.

UK CSS ambitions under threat from lack of funding

  • 12 years ago (2011-10-08)
  • Junior Isles

UK electricity generator Scottish Power is threatening to withdraw from a project to build a flagship pilot carbon capture & storage (CCS) facility at Longannet coal-fired power station near Fife, Scotland, unless the government gives it £0.5 billion ($0.78 billion) more in funding.

Nigeria considers energy reforms to boost investment

  • 12 years ago (2011-10-07)
  • Junior Isles

Dr. Sam Amadi, Chairman of Nigeria Electricity Regulatory Commission (NERC), has expressed his regrets that despite considerable efforts to increase generation, the country has only been able to achieve a capacity of 4000 MW, when it actually needs over 20 000 MW.

Essar Power to invest $8 billion in thermal power projects

  • 12 years ago (2011-10-07)
  • David Flin

Essar Power has announced that it intends to invest $8 billion over the next three years constructing 8000 MW of thermal power projects in India.

Ameren cites EPA rules in closing two Illinois power plants

  • 12 years ago (2011-10-05)
  • David Flin

Ameren has said that it will shut down two power plants in Illinois by the end of the year because of the cost of complying with new pollution rules from the Environmental Protection Agency.

Hyundai and Metka win Iraq power plant deals

  • 12 years ago (2011-09-30)
  • David Flin

Iraq’s cabinet has approved deals with South Korea’s Hyundai Engineering Company and Greece’s Metka to build power plants in the southern oil hub of Basra.

UK renewables approach all time high of 10 per cent

  • 12 years ago (2011-09-30)
  • Junior Isles

Renewable electricity contributed an all time high of 9.6 per cent of the UK's power generation mix in the second quarter of this year, statistics released by the UK Department of Energy and Climate Change have revealed.

Gazprom looks to northern Asia to complement European expansion

  • 12 years ago (2011-09-28)
  • Junior Isles

Russian gas giant Gazprom, which has recently begun actively studying power generation markets in Europe, is also interested in being part of electricity generation and sales in Northeast Asian countries.

Kepco needs $1.7 billion loan

  • 12 years ago (2011-09-28)
  • David Flin

Kansai Electric Power Co (Kepco) has said that it plans to borrow $1.7 billion to pay the higher costs of thermal power generation, which has increased with the lack of availability of its nuclear plants pending Japan’s safety review.

China proposes stronger emissions standards for thermal power

  • 12 years ago (2011-09-23)
  • Junior Isles

China is to strengthen its emission standards for thermal power plants, a main source of pollution, as it strives to combat worsening environmental degradation.