The Zambezi River Authority (ZRA) has ordered the suspension until January of electricity Generation at the Kariba Dam, which supplies power to Zimbabwe until January due to water shortage.
The South Korean government has drawn up a draft of the 10th Basic Plan for Electricity Supply and Demand. This contains a clause on reducing the share of coal-fired power generation to below 20 per cent by 2030, a rate below that of the plan released in August 2022.
The World Bank is financing a tender to equip state-owned hydroelectric power plants in Ukraine with battery energy storage systems (BESS), as the country’s power infrastructure is being battered by missiles from Russia.
France’s financial markets regulator has approved the French Government’s plan to fully control heavily indebted EDF, which it intends to lead efforts to relaunch the nuclear power industry in the country.
The US Department of Energy (DOE) has announced $13 billion financing to support the upgrade and expansion of the US electric grid.
India’s coal-fired power output has surged much faster than any other country in the Asia-Pacific region since Russia’s invasion of Ukraine.
Doosan Enerbility has signed a $1.2 billion contract with Korea Hydro and Nuclear Power (KHNP) to construct the turbine island at the El Dabaa Nuclear Power Plant in Egypt.
Indonesia has signed a deal with the G7 group of industrialised countries on a $20 billion financing package to help it speed up its transition from fossil fuels to renewable energy.
The Powering Past Coal Alliance (PPCA) has reported that countries within the Organisation for Economic Cooperation and Development (OECD) are on track to close over 75 per cent of coal-fired electricity generation by 2030.
Canadian renewable energy company NeoGreen Hydrogen and Portuguese developer of solar PV parks Frequent Summer have announced that they plan to invest €1 billion in a green hydrogen plant in Portugal.