The UK Committee on Climate Change (CCC) said that hydrogen could cost-effectively replace natural gas for power generation, reducing emissions, but warned that it was best used selectively.
Endesa of Spain has said that it plans to continue to operate its remaining coal and nuclear plants beyond 2030, and that it plans to finish one more retrofit and to install new battery units, while closing two units in 2020.
The International Bank for Reconstruction and Development (IBRD) has announced that it will extend a $310 million loan for India’s Jharkhand Power System Improvement Project.
GE has announced that it intends to reorganise GE Power into two businesses, GE Gas Power, comprised of Gas Power Systems and Power Services, and GE Power Portfolio, comprised of the Steam, Grid Solutions, Nuclear, and Power Conversion businesses.
The International Energy Agency (IEA) has published its World Energy Outlook (WEO) 2018, in which it said that the share of renewables in global power generation will increase to over 40 per cent by 2040 from the current 25 per cent.
The European General Court has suspended the UK’s subsidy scheme for back-up electricity generation, stating that the payments system should be subject to a state aid investigation.
A consortium of GE Power and CIE Sociedad Anonima has won a contract from Itaipu Binacional to modernise the Itaipu Dam in Brazil, one of the world’s largest hydropower plants.
Rosatom has announced that it will begin construction of a seventh unit at the Tianwan nuclear power plant in China in 2021.
The Asian Development Bank (ADB) has signed a $227.7 million loan deal with Gulf SRC Company to build a 2500 MW combined cycle power plant in Thailand Chonburi Province.
LM Wind Power, a unit of GE Renewable Energy, has announced the inauguration of a new Technology Centre America’s facility to develop and test new techniques for designing and building wind turbine blades at its facility on the NASA Michoud campus outside New Orleans, Louisiana, USA.