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.
The China Electricity Council said that China may face power shortages of 30 GW during summer as electricity supply lags behind demand growth.
Japan’s growing anti-nuclear movement in the wake of the world's biggest nuclear accident since Chernobyl is creating an opportunity for Japanese makers of solar equipment. Companies such as Panasonic and Sharp are expected to capitalize on orders that analysts estimate may exceed $100 billion over the next decade, bringing down costs for consumers.
French-Swiss power company Alstom has announced that it is to partner with Shanghai Electric Group (SEC) to create a joint venture in supplying boilers for coal-fired power generating facilities, the company said.
A-Power Energy Generation Systems Ltd. has said it has reached an agreement to build a new combined heat and power plant in China worth an estimated $75 million.
Total global generation from renewable energy sources outpaced nuclear energy for the first time in 2010, a report from a US think tank shows.
South Korea will not scrap nuclear power as it is an important source of energy for the resources-starved nation, said prime minister Kim Hwang-sik, amid heightened concern about the safety of atomic power plants following Japan's nuclear crisis.
The Nuclear Safety Commission of Japan has decided to raise the severity rating of the Fukushima nuclear crisis to the highest level, seven.