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US renewables integration requires $50-100 billion in T&D; investment
- 2010-10-15 14:44:45
- Junior Isles
Johannes Pfeifenberger, principal and utility practice leader at The Brattle Group, has estimated that $50-100 billion in transmission investment will be needed in order to integrate renewable power onto the existing electricity grid.
Key UK CCS project put on hold
- 2010-10-13 22:13:10
- Junior Isles
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.
Romania looks to wind to fill renewables gap
- 2010-10-10 00:42:32
- Junior Isles
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.
European electricity prices reach new high
- 2010-10-08 14:45:10
- Junior Isles
Electricity prices in Europe reached a new high in September, rising for the fourth consecutive month, according to Austrian energy regulator E-Control.
UK winter energy demand ‘manageable’ reports National Grid
- 2010-10-08 14:41:28
- Junior Isles
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.
Bushehr nuclear plant to reach full generation in early 2011
- 2010-10-06 14:09:21
- Junior Isles
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.
GE and Harbin Power form joint wind power venture
- 2010-09-28 15:37:27
- Junior Isles
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 buys solar generation company Recurrent Energy
- 2010-09-23 13:28:18
- Junior Isles
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 in nuclear cooperation
- 2010-09-11 21:22:28
- Junior Isles
Japan and Kuwait have reached an agreement to cooperate in building nuclear power plants and encouraging the peaceful use of nuclear energy.
Dana acquires North Sea assets from Suncor
- 2010-09-08 14:51:31
- Junior Isles
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.
