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.
On May 25, the Swiss Government decided that it would phase out nuclear power, and seek alternative energy sources.
Zhejiang province in eastern China will impose punitive power prices on big power consumers from June 1 if their energy use exceeds stipulated standards, in an effort to curb demand amid rising capacity shortfalls.
Much of central China is facing power cuts and rolling blackouts as drought dries rivers, reducing hydroelectric capacity.
Japan’s Prime Minister, Naoto Kan, has announced that the country will abandon plans to expand its nuclear power industry, and instead will make renewables a key part of its energy policy.
The accident at Japan’s Fukushima nuclear power plant will not affect civil nuclear cooperation between Pakistan and China, Masood Khan, Pakistan’s Ambassador to China said. He said that plans to work with China to build two more 340 MW nuclear reactors at the Chashma facility in Punjab province would go ahead as scheduled.
Pakistan’s electricity shortfall rose beyond 7200 MW on May 1 as Pakistan State Oil’s furnace oil import was delayed by two days, creating a generation hole of over 2000 MW in the Pakistan Electric Power Company (PEPCO) system.