South Korea has announced long-term agreements with Royal Dutch Shell and Total, worth Won90 billion ($84.1 billion), to buy from LNG projects in Australia.
A board has been approved for Nigerian Bulk Electricity Trading (NBET), representing a significant step forward in Nigeria’s power reform programme.
NRG and Garland Power and Light have announced that they will bring four mothballed power plants back online to meet summer power demand in Texas.
Drax Group has said it is ready to significantly boost its renewable power generation to switch the Drax power plant to mainly biomass-fuelled generation, if the UK Government makes it affordable through subsidies.
Canada’s BC Hydro has announced that it has halved its proposed rate increases over the next three years.
Desert Sunlight Holdings has received an approval from the USA Federal Department of Interior for building the 550 MW Desert Sunlight solar farm in California.
US venture capital investment in clean technology, including power generation, shrank 44 per cent to $1.1 billion during second quarter 2011 compared to the same period last year, according to analysis from Ernst & Young.
Sempra Generation has signed a power purchasen agreement (PPA) with Pacific Gas & Electric of San Francisco to sell the utility 150 MWs of electricity generated at its Copper Mountain Solar complex in Boulder City.
The German Bundestag has passed a carbon capture and storage (CCS) technology bill allowing demonstration projects at carbon-emitting power plants until 2016 to pump CO2 emissions underground.
In the first quarter of 2011 the amount of US power generated by coal-fired power plants reached a new 30-year low.