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Total Results : 368

Turkey and UAE sign $12 billion power production investment deal

  • 2013-01-05 03:34:42
  • David Flin

State power companies in Turkey and the United Arab Emirates (UAE) have signed an agreement to invest in a $12 billion project to produce electricity in Turkey’s Afsin-Elbistan region, according to a statement by Turkey’s Energy Minister.

IEA report urges action from Korean nuclear industry

  • 2012-11-28 23:28:35
  • Junior Isles
The International Energy Agency (IEA) has said that South Korea needs to improve transparency and improve regulation in order to rebuild public trust in nuclear power, after safety scares have caused reactor closures, threatening blackouts.

Saudi Arabia reaffirms commitment to replace fossil fuels with nuclear and renewables

  • 2012-11-15 19:31:20
  • Junior Isles
Saudi Arabia plans to replace its fossil fuel power generation facilities with nuclear and renewable energy over the next 10 years, according to Abdullah Al-Shahri, governor of the Electricity and Co-Generation Regulatory Authority (ECRA).

Jordan set to raise electricity rates for 2013, 2014

  • 2012-11-13 03:59:49
  • David Flin

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.

UAE’s expected power investment outlined in BMI report

  • 2012-11-06 16:55:21
  • Junior Isles
The UAE is expected to spend over $8 billion on electricity generation over the next eight years, increasing annual generation to more than over 53 TWh by end-2021, according to Business Monitor International (BMI).

Iraq to invest $500 billion in energy

  • 2012-10-02 04:59:21
  • David Flin

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 announces new gas turbines designed to complement renewables

  • 2012-09-29 10:28:41
  • Junior Isles

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.

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.

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.

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.

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