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Iranian power privatisation on track
- 2012-09-23 16:39:18
- Junior Isles
The privatisation in Iran’s power generation industry is in its final stages, according to Iranian Energy Minister Majid Namjou, with 45 power plants having been privatised or currently being privatised.
RWE npower opens new 2000 MW gas turbine plant in Wales
- 2012-09-22 17:55:28
- Junior Isles
RWE npower, the UK subsidiary of utility RWE, has officially opened its flagship 2000 MW power station at Pembroke, Wales.
United Arab Emirates awards contracts to develop nuclear power
- 2012-09-22 04:27:55
- David Flin
The United Arab Emirates has awarded contracts worth $2 billion to provide, convert and enrich uranium.
European coal resists displacement by gas
- 2012-09-18 22:14:58
- Junior Isles
European coal fired generation is benefiting from a strong euro making gains against the dollar since a court ruling has released the European Central Bank to buy up bonds of troubled Eurozone members.
UK wind generation hits record high, gas at record low
- 2012-09-13 09:34:00
- Junior Isles
UK wind power generation reached an all-time high of 3.36 GW this week, while gas-fired generation recorded the lowest generation level on record for a mid-afternoon weekday.
RWE groups plants into pan-European power unit
- 2012-09-13 09:32:01
- Junior Isles
Utility firm RWE AG has announced details of its plan to group its power plants in Germany, the Netherlands and the UK into a single 50 GW pan-European power generation unit.
Iran’s power expansion on track to reach 2016 target
- 2012-08-31 13:08:21
- Junior Isles
Iran has increased its electricity generation capacity by 4 GW since March 20th 2011, the beginning of the previous Iranian calendar year, deputy energy minister Mohammad Behzad has said. Iran’s total power generating capacity currently stands at 65.2 GW.
Germany’s green energy policy to force consumer price rises
- 2012-08-27 15:45:48
- Junior Isles
Germany's green energy strategy is destined to cause upset as the costs of new renewable power generation units and transmissions must be passed on to consumers, Tuomo Hatakka, head of the German unit of Swedish energy group Vattenfall has said.
Iran’s electricity exports up 45.5 percent
- 2012-08-16 06:07:39
- David Flin
The Islamic Republic News Agency (IRNA) has reported that Iran has so far exported 4368 GWh of electricity in the current Iranian year, which began on March 20, a 45.4 percent rise compared to the same period last year.
EBRD extends loans to Russian state power generator
- 2012-08-06 06:32:10
- David Flin
The European Bank for Reconstruction and Development (EBRD) has committed to lending Russia’s electricity generator Inter RAO UES $300 million through a five-year convertible loan to prepare this state-controlled holding for a potential international public offering.
