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.
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 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.
Power prices in the Canadian province of Alberta soared after two generation facilities tripped off-line during a severe cold spell.
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.
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.
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.
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.
According to the Tehran Times, Homayoun Haeri, Managing Director of Iran Power Generation, Transmission and Distribution Management Company (TAVANIR), said that Iran plans to connect its national power grid to Russia by March 2013.
India’s Andhra Pradesh Power Generation Corporation (APGenco) has announced that it is planning to add 3210 MW to its total capacity over the next 2 years.