Japan’s plans for a rapid expansion of solar power is facing difficulties, with a lack of bank financing proving to be a problem.
India's nuclear power generation capacity is expected to reach 20 000 MW in around two decades, a top official at the Indira Gandhi Centre for Atomic Research (IGCAR) has said.
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).
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.
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’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.
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 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.
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.
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.