A key £2.7 billion UK coal gasification power station that would feature carbon capture and storage on a commercial scale in 2016 has been placed on hold until the UK's coalition government clarifies its policy and incentives regime for the technology, Powerfuel chief executive Richard Budge said in an interview.
Bucharest has made renewable energy its priority as it tries to meet tough EU carbon emissions goals requiring 20 percent of power generation to come from renewables by 2020.
Electricity prices in Europe reached a new high in September, rising for the fourth consecutive month, according to Austrian energy regulator E-Control.
U.K. gas and electricity demand this winter is expected to be "manageable" and should be met even in a very cold winter, the gas and power network operator National Grid PLC has said in its winter outlook report.
Head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi has announced that the Bushehr nuclear power plant will reach its nominal generating capacity in spring.
General Electric (GE), the world’s second biggest producer of wind turbines, has formed a joint venture with China’s Harbin Power Equipment Co. to make and supply equipment to China.
Sharp will acquire Recurrent Energy, a US developer of solar energy projects, in a deal worth up to $305 million. The Japanese company hopes the acquisition will strengthen its position in the fast-growing solar-power generation business.
Japan and Kuwait have reached an agreement to cooperate in building nuclear power plants and encouraging the peaceful use of nuclear energy.
Suncor Energy Inc has reached a deal to sell a number of UK offshore North Sea properties for about $390 million to an affiliate of Dana Petroleum plc.