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Chinese power generation growth shows signs of slowing
- 2011-11-22 19:52:54
- Junior Isles
During October, construction of thermal power generation capacity in China was down by 21.22 GW (24.9 per cent) from the same period a year ago.
China and South Korean wind farm projects put pressure on rare earth supply
- 2011-11-18 05:50:49
- David Flin
China and South Korea’s planned investment in offshore wind farms, amounting to close to $25 billion in the near future, could be hampered by pressure on the supply of rare earth materials.
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.
