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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.
UK tops energy efficiency ranking
- 2012-07-16 19:10:20
- Junior Isles
The ranking is modelled on ACEEE's existing method for ranking US states’ energy efficiency, and grades 12 of the world's key economies on a scale of 100 possible points, in 27 separate categories.
IEA report estimates 40 per cent renewables growth by 2017
- 2012-07-06 23:03:57
- Junior Isles
A new “Medium-Term Renewable Energy Market Report 2012” by the International Energy Agency (IEA) estimates that renewable generation should grow by 1840 TWh globally between 2011 and 2017, an almost 60 per cent increase on the 1160 TWh growth between 2005 and 2011, and a 40 per cent increase on current generation levels.
Carbon tax blamed for Australian plant closure
- 2012-07-04 16:44:11
- Junior Isles
The New South Wales (NSW) government has partly blamed Australia’s new carbon tax for its decision to shut down Delta Electricity’s 45-year-old Munmorah coal-fired power plant in Hunter Valley.
GT Energy and E.On to develop UK geothermal
- 2012-07-04 00:32:53
- Junior Isles
GT Energy and E.On have signed a Memorandum of Understanding (MOU) to jointly develop a new wave of urban geothermal power plants in the UK.
Positive year for UK wind sees 50 per cent growth
- 2012-06-30 21:40:57
- Junior Isles
UK wind generation has risen by around 50 per cent in the past year, according to a statement from the Department of Energy and Climate Change (DECC).
Coal to play major role in emerging economies
- 2012-06-30 06:48:21
- David Flin
A report from the research and consulting firm Frost & Sullivan says that coal will play a major role in meeting the energy needs of emerging countries over the next ten years.
EDF report on UK nuclear benefits
- 2012-06-26 06:13:15
- David Flin
A report commissioned by EDF Energy has been published, claiming that the expansion of Britain’s nuclear reactor fleet could boost the UK economy by more than £5 billion, and create 32,000 jobs.
Gazprom and EDF announce cooperation agreement
- 2012-06-22 23:36:24
- Junior Isles
Russian power giant Gazprom has signed a cooperation agreement with France's EDF to possibly construct or acquire gas-fired power plants in Europe.
Japan approves limited nuclear restart
- 2012-06-20 16:06:36
- Junior Isles
The Japanese government has approved plans to restart units 3 and 4 at Kansai Electric Power Co.’s Ohi nuclear power station in western Japan, after a month without nuclear power for the first time in 40 years.
