The China Electricity Council said that China may face power shortages of 30 GW during summer as electricity supply lags behind demand growth.
The European Union's executive has outlined how its carbon dioxide (CO 2 ) emission trading system will work in the future, adopting criteria for how many free permits key industries should receive from 2013 onwards.
Pakistan continues to be plagued by its worst ever power crisis, as the shortfall has mounted to over 5000 MW, hitting industrial and domestic customers hard.
Japan’s growing anti-nuclear movement in the wake of the world's biggest nuclear accident since Chernobyl is creating an opportunity for Japanese makers of solar equipment. Companies such as Panasonic and Sharp are expected to capitalize on orders that analysts estimate may exceed $100 billion over the next decade, bringing down costs for consumers.
French-Swiss power company Alstom has announced that it is to partner with Shanghai Electric Group (SEC) to create a joint venture in supplying boilers for coal-fired power generating facilities, the company said.
Gulf states must add about 8 GW of power generation capacity per year to cope with growing demand, Dr Abdullah Al Shehri, CEO of Saudi Arabia's Electricity and Co-generation Regulatory Authority (ECRA), has said at the Dubai Global Energy Forum.
A-Power Energy Generation Systems Ltd. has said it has reached an agreement to build a new combined heat and power plant in China worth an estimated $75 million.
Total global generation from renewable energy sources outpaced nuclear energy for the first time in 2010, a report from a US think tank shows.