As 2024 comes to a close, it’s worth looking in the rearview mirror to see how far we have travelled and look ahead at the journey to come. Spencer Thompson, CEO of Eclipse Power Group shares his thoughts on the progress made in 2024 towards the UK’s energy system transformation and what we might expect in 2025.
The Canadian Government has announced it will provide Saskatchewan province with C$265 million to modernise and upgrade its power grid and to build more renewable power projects.
Cuba was struck by a nationwide blackout following a failure at the Antonio Guiteras power plant in Matanzas, which shut down at 0200 hrs on 4 December.
MidAmerican Energy of Iowa, USA, has said it expects to invest heavily in solar energy, natural gas-fired power plants, and an SMR facility over the next two decades to meet increasing demand, partly driven by the growing data centre industry.
Iraq’s Ministry of Energy (MoE) and GE Vernova have jointly announced the early completion and energisation of five critical substations across Iraq.
The Hanbit Nuclear Power Plant in Yeonggwang, South Jeolia Province, South Korea, located in a region with a high concentration of renewable energy sources, has had to reduce its power production five times in the first half of the year due to limitations in the transmission and distribution network.
Bolaji Tunji, Special Adviser to the Nigerian Minister Of Power, said that the Nigerian federal government plans to invest $800 million in the construction of sub-stations and distribution networks as part of the Presidential Power Initiative (PPI).
India and Sri Lanka have formalised an agreement to improve energy cooperation between the two countries.
Iranian Energy Minister Ali-Akbar Mehrabian has said that six major power plant units have come back on line after going through overhaul to meet the rising demand for electricity in the coming weeks.
Xcel Energy is seeking proposals for new power generation systems in Texas and New Mexico, USA, as it retires its older power plants in the coming years and as demand in the region grows.