Four lenders, including the Asian Development Bank (ADB), are readying a fund worth about $1.4 billion for development of the Bangladesh power sector.
Czech company CEZ has said that its plan to sell 800 MW of generation capacity to resolve European Union competition issues remains unchanged after a period of third-party comments on the plan.
Nuclear power generation in India increased by 23 per cent over the last year, according to R. K. Sinha, chairman of the Atomic Energy Commission (AEC). Additionally, the average annual operational availability of reactors went up from 83 to 91 per cent.
British Energy and Climate Change Secretary Ed Davey has revealed that the UK is likely to build 20 new gas-fired power plants over the next few years, signalling that gas is to play a major role in the UK's energy mix for at least the next two decades.
GE has announced a new line of gas-powered turbines specifically designed to be paired with renewable energy sources. The new FlexEfficiency 60 product line represents a new model for alternative-energy projects, with the company claiming it combines “record-breaking efficiency” and “flexibility” to cut carbon emissions and reduce costs compared to prior GE configurations.
The future direction of Britain’s new generation of nuclear plants is to be decided soon, with three consortium’s bids for the Horizon group entering the final stage.
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, the UK subsidiary of utility RWE, has officially opened its flagship 2000 MW power station at Pembroke, Wales.