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China's big five suffer significant losses
- 2011-08-22 23:15:23
- 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).
TEPCO’s cost structure drawing scrutiny by monitoring panel
- 2011-07-29 06:43:46
- David Flin
A Japanese government panel has said that it will thoroughly check Tokyo Electric Power Company’s (TEPCO’s) cost structure and how it has been reflected in electricity bills to see if its rates are appropriate.
Kailuan Energy and Syngas sign Letter of Intent
- 2011-07-27 07:01:55
- David Flin
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 to continue with plans for 10 000 MW Nuclear reactor
- 2011-07-23 21:24:25
- Junior Isles
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.
Japan to maintain its green commitments despite post-Fukushima uncertainty
- 2011-07-23 11:50:36
- Junior Isles
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 to pilot carbon emission trading
- 2011-07-22 06:00:40
- David Flin
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.
China and India expected to dominate future energy growth
- 2011-07-10 17:56:13
- Junior Isles
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.
Petrovietnam units sign $1.2 billion coal power plant deal
- 2011-07-08 06:57:00
- David Flin
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.
Japan starts mandatory power saving drive
- 2011-07-01 06:25:05
- David Flin
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.
Chinese power providers face increasing summer losses
- 2011-06-24 17:06:18
- Junior Isles
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.
