The Australian firm Syngas and the Chinese company Kailuan Energy Chemical have announced that they have signed a Letter of Intent. The companies aim to implement above ground coal gasification and coal-to-liquid projects, and to successfully develop and operate biomass power generation projects.
India’s lone nuclear power generation utility, Nuclear Power Corporation (NPCIL), is to go ahead with its plans for agressive capacity expansion, despite the renewed safety concerns for nuclear power generation after the Fukushima disaster.
Japanese Environment Minister Satsuki Eda has vowed to maintain Japan’'s pledge to reduce greenhouse gas emissions by 25 per cent from 1990 levels by 2020, despite uncertainty hanging over Japan’'s power generation future in the aftermath of the disaster at the Fukushima nuclear plant.
China will start a pilot carbon emissions trading project, and gradually set up a carbon emissions trading market, according to one of China’s top climate change officials.
Analysis from Frost & Sullivan's Annual Global Power Generation Forecasts 2011, shows that electricity generation will expand at a growth rate of 2.7 per cent through 2020, with the growth rate declining to 1.8 per cent per annum over the subsequent decade, as growth rate in the emerging markets becomes less pronounced and energy-efficiency measures begin to have a significant impact.
Vietnam’s state-run Petrovietnam has awarded two contracts worth a combined $1.2 billion to two subsidiaries to build a 1200 MW coal-fired power plant.
Heavy energy using Japanese companies are changing working hours and shifting production to weekends to save energy as the country’s first mandatory power-saving drive since the 1970s starts.
China's five largest state-owned power generating groups have continued to rack up losses in their thermal power generation businesses, despite the Chinese government raising power prices in April, the China Electricity Council (CEC), an industry group that represents power generators and distributors, said.
The International Energy Agency (IEA) has forewarned that the global consequences of abandoning nuclear power would be greater costs, emissions and power uncertainty.
An independent panel has pledged to oversee a tough restructuring of Japan’s Tokyo Electric Power Co (TEPCO) to ensure that the utility will raise as much funds as possible to pay huge compensation claims.