The Jordan government is finalising a proposal to raise electricity rates by 18 per cent over a two-year period, according to the Ministry of Energy.
Iraq will invest around $500 billion in energy and linked industries by 2030, generating around $6 trillion in revenues, according to the country’s Deputy Prime Minister for Energy, Hussain al-Shahristani.
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 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.
The United Arab Emirates has awarded contracts worth $2 billion to provide, convert and enrich uranium.
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.
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.
Abdullah Al-Shehri, Governor of the Electricity and Cogeneration Regulatory Authority (ECRA) of Saudi Arabia, said that the frequent blackouts and poor power supply quality to cities around the country this summer are the result of aged power stations.