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Green Climate Fund destined to fail, BNEF executive.

  • 13 years ago (2011-09-04)
  • Junior Isles

The Green Climate Fund (GCF), designed to produce climate-related investment worth $100 billion a year by 2020 for the developing world, is destined for failure, according to Bloomberg New Energy Finance (BNEF).

Japanese nuclear still competitive after compensation payouts, study shows

  • 13 years ago (2011-09-03)
  • Junior Isles

The cost of nuclear generation in Japan, even taking into account the compensation related to the Fukushima Daiichi accident, remains likely to be less than using fossil fuels, according to a new study.

Dominion plans to close Chesapeake coal plant by 2016

  • 13 years ago (2011-09-02)
  • David Flin

The USA’s Dominion Virginia Power filed plans with Virginia state regulators to close its coal-fired power plant on the Elizabeth River’s Southern Branch by 2016 because the cost to upgrade it to meet proposed new environmental standards is too high.

Landis & Gyr and Elster partner on metering hardware interoperability

  • 13 years ago (2011-08-31)
  • David Flin

Landis & Gyr and Elster have agreed to develop communications firmware that will work in each other’s metering platforms without installing each other’s communications modules.

Japan’s solar growth depends on banks ending loan drought

  • 13 years ago (2011-08-26)
  • David Flin

Japan’s plans for a rapid expansion of solar power is facing difficulties, with a lack of bank financing proving to be a problem.

Earthquake causes North Anna reactors to shut down automatically

  • 13 years ago (2011-08-24)
  • David Flin

A 5.8 magnitude earthquake struck Virginia, USA, causing minimal damage. Dominion Virginia Power’s two North Anna nuclear reactors shut down automatically as a result of the earthquake.

India to reach 20 000 MW of nuclear generation in 20 years

  • 13 years ago (2011-08-22)
  • Junior Isles

India's nuclear power generation capacity is expected to reach 20 000 MW in around two decades, a top official at the Indira Gandhi Centre for Atomic Research (IGCAR) has said.

China's big five suffer significant losses

  • 13 years ago (2011-08-22)
  • Junior Isles

China's big five power generation companies: Datang Corpeoration, Guodian Corperation, Huadian Group, Huaneng Group and China Power Investment Corperation have suffered total losses of 18.09 billion yuan ($2.8 billion) from their thermal power generation businesses in the first seven months of the year, widening their losses by 11.3 billion yuan year-on-year, according to the China Electricity Council (CEC).

Nigeria appeals for private power funding

  • 13 years ago (2011-08-18)
  • Junior Isles

Nigeria will require a regular capital investment of NGN520 billion ($3.4 billion) to increase its electricity generating capacity from the current level of 4.2GW to 13GW by 2013, according to Nigerian Minister of Power, Prof Bart Nnaji.

South Korea announces LNG agreements worth $84 billion

  • 13 years ago (2011-08-18)
  • Junior Isles

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.