The Japanese government has approved plans to restart units 3 and 4 at Kansai Electric Power Co.’s Ohi nuclear power station in western Japan, after a month without nuclear power for the first time in 40 years.
Renewable energy sources supplied 16.7 per cent of the total energy consumed in 2011, though investment into renewables was still 15 per cent lower than the $302 billion put into fossil fuels, two reports published by the United Nations Environment Programme (UNEP) and the Renewable Energy Policy Network for the 21st Century (REN21) have said.
Western Japan is to experience above average temperatures from June to August, again renewing the potential for power shortages as demand rises while nuclear power plants stay idle.
Japan’s Tokyo Electric Power Company (TEPCO) and a state-backed bailout fund have submitted a restructuring plan to the government.
State Grid Corp of China (SGCC), the country's largest power transmission and distribution firm, is planning to sell Shenhua Group a coal and power generation unit with assets worth about Yuan50 billion ($7.9 billion), sources have reported.
China has moved ahead of its rivals competing to build a new nuclear power station on Turkey’s Black Sea coast, underlining the declining ambitions of many developed nations' nuclear industries.
China is facing the prospect of shortfalls in coal, power, oil and gas supplies in several regions, despite current energy markets being in balance, Liu Tienan, Director of the National Energy Administration has said.
Tokyo Electric Power Co. (TEPCO) is seeking alternative electricity supplies following the closure of the last of its 17 nuclear reactors.
Beijing is considering ways of injecting funds into the country's weakened power generation sector, executives at China's largest independent power producer, Huaneng Power International, have said.
Chinese regional power utilities, CLP Holdings and China Southern Power Grid Co, are to pay around $2.8 billion for a 60 per cent stake in Hong Kong power provider Castle Peak Power Co Ltd, currently held by ExxonMobil.