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Netherlands falling short on renewables funding

  • 13 years ago (2012-06-28)
  • Junior Isles

The Netherlands will miss its 2020 renewable energy target unless it directs an additional €24 billion towards developing renewable energy, according to a new report by Rabobank.

Second bailout puts pressure on Australian carbon tax

  • 13 years ago (2012-06-26)
  • Junior Isles

A second Australian coal-fired generator has been forced to ask shareholders for a multi-billion dollar bailout to stay afloat ahead of the launch of Australia’s new carbon tax.

EDF report on UK nuclear benefits

  • 13 years ago (2012-06-26)
  • David Flin

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.

Japan unveils 10 percent energy saving target

  • 13 years ago (2012-06-23)
  • David Flin

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.

Gazprom and EDF announce cooperation agreement

  • 13 years ago (2012-06-22)
  • Junior Isles

Russian power giant Gazprom has signed a cooperation agreement with France's EDF to possibly construct or acquire gas-fired power plants in Europe.

CEC releases new report on China’s power generation progress

  • 13 years ago (2012-06-22)
  • Junior Isles

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.

Japan approves limited nuclear restart

  • 13 years ago (2012-06-20)
  • Junior Isles

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 to sell Pratt & Whitney Power Systems for $1 billion

  • 13 years ago (2012-06-19)
  • David Flin

United Technologies Corporation has announced that it intends to sell its power generation assets for about $1 billion.

SSE to buy Endesa’s Irish power generation assets for €363 million

  • 13 years ago (2012-06-16)
  • David Flin

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.

BOC takes 15 per cent stake in Don Valley CCS project

  • 13 years ago (2012-06-14)
  • Junior Isles

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.