A report commissioned by EDF Energy has been published, claiming that the expansion of Britain’s nuclear reactor fleet could boost the UK economy by more than £5 billion, and create 32,000 jobs.
The Japanese government has said that its industrial heartland must cut electricity use by 10 percent this summer, as the country continues to deal with the shortfall in energy supply as it recovers from the Fukushima disaster.
Russian power giant Gazprom has signed a cooperation agreement with France's EDF to possibly construct or acquire gas-fired power plants in Europe.
According to the China Electricity Council (CEC), China generated almost 3.9 billion MWh of electricity in May, up 2.7 per cent year on year.
The Japanese government has approved plans to restart units 3 and 4 at Kansai Electric Power Co.’s Ohi nuclear power station in western Japan, after a month without nuclear power for the first time in 40 years.
United Technologies Corporation has announced that it intends to sell its power generation assets for about $1 billion.
The British-based cottish and Southern Electricity (SSE) has announced that it is buying Endesa Generacion’s Irish power generation business for €320 million in cash plus an estimated €43 million for working capital.
UK gas supplier BOC has taken a 15 per cent stake in the £5bn carbon capture and storage (CCS) project being planned by 2Co Energy at the Don Valley Power Project in Doncaster.
Renewable energy sources supplied 16.7 per cent of the total energy consumed in 2011, though investment into renewables was still 15 per cent lower than the $302 billion put into fossil fuels, two reports published by the United Nations Environment Programme (UNEP) and the Renewable Energy Policy Network for the 21st Century (REN21) have said.
The Indian Government has announced that it will supply 500 MW to Pakistan.