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Putin prevents power privatisation plans

  • 12 years ago (2012-05-25)
  • David Flin

President Putin of Russia has announced that the Russian Government has placed majority stocks of Federal Grid FSK and power distributor MRSK Holding on a list of assets that cannot be sold to private owners, making it unlikely that they will be part of the government’s privatisation drive in the near term.

Russian infighting puts the brakes on power privatisation

  • 12 years ago (2012-05-24)
  • Junior Isles

Russian stocks have taken a significant hit after President Putin declared that Medvedev’s plans for privatisation in the Russian energy sector are being cancelled, reigniting worries of infighting amongst Russia’s key politicians.

Eskom reduces power supply to Swaziland

  • 12 years ago (2012-05-22)
  • David Flin

Swaziland Electricity Company has announced that it has instigated one hour load shedding blackouts on a rolling schedule.

Kenya’s KenGen eyes $686 million gas-fired power plant

  • 12 years ago (2012-05-19)
  • David Flin

Kenyan electricity generating company KenGen has said that it plans to raise funds from private investors for a $686 million gas-fired power plant to run on imported liquefied natural gas (LNG).

SSE sees renewables profit offset poor retail performance

  • 12 years ago (2012-05-16)
  • Junior Isles

Major UK energy company SSE has seen profits rise 2 per cent thanks to renewable generation profits offsetting falls in the retail division.

Nigeria’s BPE to name winners of PHCN privatisation in October

  • 12 years ago (2012-05-15)
  • David Flin

Nigeria’s Bureau for Public Enterprises (BPE) has said that the preferred bidders for the assets of the Power Holding Company of Nigeria (PHCN) will be announced in October, and that it hopes this privatisation will help to alleviate chronic electricity shortages.

E.ON to close three gas-fired plants

  • 12 years ago (2012-05-15)
  • Junior Isles

German utility E.ON AG intends to permanently shut down three unprofitable gas-fired power plants in southern Germany, according to media sources.

Siemens signs deals with Qatar University and Kahramaa

  • 12 years ago (2012-05-12)
  • David Flin

Siemens has signed an agreement with Qatar University and Kahramaa, the local Qatari utility for electricity and water, to carry out joint efforts on research and development of energy-efficient systems and solutions to support the rapid development of Qatar’s infrastructure.

CCS in trouble without significant subsidies, report claims

  • 12 years ago (2012-05-11)
  • Junior Isles

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.

EU slump underlies shift back to coal-fired generation

  • 12 years ago (2012-05-11)
  • Junior Isles

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.