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Kenyan infrastructure benefits from east-Asian geothermal rivalry
- 2011-11-08 20:34:37
- Junior Isles
Japanese firm Toyota Tsusho Corp and South Korean Hyundai Engineering Co of have won a bid to build new Kenyan geothermal plants worth Sh40 billion ($400 million), reinforcing north-east Asian involvement in Kenya’s geothermal power generation programme.
IEA report considers a pessimistic future for nuclear
- 2011-11-06 21:59:14
- Junior Isles
The Fukushima disaster might lead to a 15 per cent fall in nuclear power generation worldwide by 2035, according to a July draft of the International Energy Agency's 2011 World Energy Outlook. The report further predicts power demand could rise by 3.1 per cent a year over the same period, though.
Pike Research says smart meter deployments will be key
- 2011-11-02 05:27:05
- David Flin
According to a recent report from Pike Research, the installed base of smart meters in the Asia Pacific region will total over 350 million by 2016, with Japan, China and Australia achieving smart meter penetration rates among the highest in the world.
Vestas Wind Systems and State Grid Energy Research Institute announce cooperation
- 2011-10-19 05:12:21
- David Flin
China’s State Grid Energy Research Institute (SGERI) and Vestas China have announced plans to cooperate on developing techniques to overcome the difficulties of large-scale integration of wind power to the grid by applying an integrated solution encompassing technology, management and policy.
Alstom to change emphasis
- 2011-10-12 05:56:55
- David Flin
Alstom’s Chairman and CEO Patrick Kron has announced that Alstom has decided to place more emphasis on BRIC (Brazil, Russia, India, and China) countries and emerging markets, including East Asia, because of the higher growth they offer when compared with conventional markets such as the USA and Europe.
Hyundai and Metka win Iraq power plant deals
- 2011-09-30 06:14:32
- David Flin
Iraq’s cabinet has approved deals with South Korea’s Hyundai Engineering Company and Greece’s Metka to build power plants in the southern oil hub of Basra.
Gazprom looks to northern Asia to complement European expansion
- 2011-09-28 19:53:33
- Junior Isles
Russian gas giant Gazprom, which has recently begun actively studying power generation markets in Europe, is also interested in being part of electricity generation and sales in Northeast Asian countries.
Kepco needs $1.7 billion loan
- 2011-09-28 05:46:14
- David Flin
Kansai Electric Power Co (Kepco) has said that it plans to borrow $1.7 billion to pay the higher costs of thermal power generation, which has increased with the lack of availability of its nuclear plants pending Japan’s safety review.
China proposes stronger emissions standards for thermal power
- 2011-09-23 17:28:49
- Junior Isles
China is to strengthen its emission standards for thermal power plants, a main source of pollution, as it strives to combat worsening environmental degradation.
EIA predicts world energy use to increase 53 percent by 2035
- 2011-09-21 05:45:41
- David Flin
The US Energy Information Administration (EIA) has released its report International Energy Outlook 2011 (IEO2011). The report presents projections for world energy markets through 2035.
