India's largest power producer National Thermal power Company (NTPC) has said a severe coal shortage is hurting the performance of several of its power plants, including Dadri and Vindhyachal, resulting in a drop in electricity generation.
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 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.
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 has announced that it intends to invest $8 billion over the next three years constructing 8000 MW of thermal power projects in India.
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.
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.
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.
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.
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.