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China and India expected to dominate future energy growth
- 2011-07-10 17:56:13
- Junior Isles
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.
Petrovietnam units sign $1.2 billion coal power plant deal
- 2011-07-08 06:57:00
- David Flin
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.
Japan starts mandatory power saving drive
- 2011-07-01 06:25:05
- David Flin
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.
Chinese power providers face increasing summer losses
- 2011-06-24 17:06:18
- Junior Isles
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.
IEA fears consequences of abandoning of nuclear power
- 2011-06-17 14:55:38
- Junior Isles
The International Energy Agency (IEA) has forewarned that the global consequences of abandoning nuclear power would be greater costs, emissions and power uncertainty.
Panel pledges tough restructuring of TEPCO
- 2011-06-17 05:43:12
- David Flin
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.
Switzerland to phase out nuclear power
- 2011-05-26 10:52:04
- David Flin
On May 25, the Swiss Government decided that it would phase out nuclear power, and seek alternative energy sources.
Zhejiang heavy powers users to pay increased prices
- 2011-05-19 11:13:34
- David Flin
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.
Drought worsens China’s power supply crunch
- 2011-05-18 06:45:44
- David Flin
Much of central China is facing power cuts and rolling blackouts as drought dries rivers, reducing hydroelectric capacity.
Japan abandons nuclear power expansion plans
- 2011-05-12 10:51:51
- David Flin
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.
