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Competition hots up for Australian coal

  • 13 years ago (2012-01-26)
  • Junior Isles

US coal giant Peabody Energy has hired UBS to assist in finding a buyer for its Australian Wilkie Creek coal mine, a move likely to kindle interest from several Asian nations, vying to secure coal supply for their growing fleet of power plants.

Saudi Arabia leads Middle East rental demand

  • 13 years ago (2012-01-26)
  • Junior Isles

Saudi Arabia leads the Middle East in demand for rental power generators, according to Shrikant Pataskar, the general manager of the Dubai branch of Kirloskar. He also predicted a 20 per cent growth for the industry in 2012 with much of this coming from Saudi customers.

California ISO plans more wind and solar in grid operation

  • 13 years ago (2012-01-25)
  • David Flin

The California Independent System Operator (ISO) has released a new five-year strategic plan, which includes adapting operations to an estimated four-fold increase in wind and solar generation within its transmission grid, as well as an increase in electric vehicle charging.

Sri Lanka to establish 500 MW coal power plant

  • 13 years ago (2012-01-21)
  • David Flin

With demand for energy rising rapidly in Sri Lanka’s Eastern province, the Sri Lankan government has announced that it will proceed with the establishment of a coal-fired power plant at Sampoor in the Trincomalee district of the Eastern province.

Siemens bets over $1billion on continued gas turbine growth

  • 13 years ago (2012-01-20)
  • David Flin

Siemens AG has earmarked over €1 billion ($1.3 billion) to expand its production of gas turbines and fend off GE as they compete for larger shares of the expanding gas turbine market.

Cold weather and plant outages push up Alberta power prices

  • 13 years ago (2012-01-18)
  • David Flin

Power prices in the Canadian province of Alberta soared after two generation facilities tripped off-line during a severe cold spell.

Shale glut drives down power profit margins

  • 13 years ago (2012-01-18)
  • David Flin

A shale-gas glut has driven down electricity prices for the US power industry by around 50 per cent since 2008 and reduced investment in costlier sources of energy, according to a research report by Aneesh Prabhu, a Credit Analyst with Standard & Poor’s Financial Services LLC.

AFC announces industrial scale generation from hydrogen fuel cells

  • 13 years ago (2012-01-17)
  • David Flin

Shares in industrial alkaline fuel cell maker AFC Energy have risen on the company’s announcement that it has started electrical power generation at AkzoNobel's Bitterfield plant in Germany.

Carbon markets rise in 2011, despite Europe price slump

  • 13 years ago (2012-01-14)
  • Junior Isles

The global carbon market value rose 4 per cent in 2011, despite the largest market, Europe, experiencing a price slump, according to analysis by Thomson Reuters Point Carbon.

GVK to add 6800 MW of capacity in Andhra Pradesh

  • 13 years ago (2012-01-14)
  • Junior Isles

Major Indian infrastructure firm GVK Group will invest Rs 40 000 crore in order to add 6800 MW of generation to its existing capacity, according to a top executive of  GVK Power.