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Brazil’s Eletrobras to invest $500 million in USA
- 2010-07-30 06:43:43
- David Flin
Brazil’s state-controlled power company Eletrobras plans to invest up to $500 million in transmission projects in the USA starting in 2011, according to Eletrobras CEO Jose Antonio Muniz Lopez.
Ethiopia finishes construction of international interconnection links
- 2010-07-28 06:41:45
- David Flin
Ethiopia has announced the completion of construction of electricity transmission lines to enable the country to supply electricity to neighbouring countries.
US Senate abandons climate bill
- 2010-07-23 05:27:06
- David Flin
In the USA, Senate Democrats have abandoned plans to pass a broad energy bill this summer.
KEPCO to buy into Indonesian coal producer
- 2010-07-22 05:48:59
- David Flin
Korea Electric Power Corporation (KEPCO), South Korea’s state-run power company, said that it will buy a 20 per cent stake in PT Bayan Resources, Indonesia’s eighth-largest coal producer by output, for $515 million.
A smart grid for Europe
- 2010-07-15 06:13:48
- David Flin
The European Commission has launched a smart grids initiative, which is intended to upgrade and equip Europe’s electricity network by building intelligence into the existing passive delivery system.
Enel: “No decision” on selling Bulgarian stake
- 2010-07-12 05:45:38
- David Flin
Enel, Italy’s largest utility, has said that it has not yet reached a decision on selling its 73 per cent stake in Bulgaria’s Maritsa East Three coal-fired power plant.
Vietnam to have restructured power tariff
- 2010-07-10 05:39:30
- David Flin
The Vietnam Energy Association has said that the country’s power sector needs to charge consumers more and to rethink its pricing mechanisms in order to attract necessary investment. It estimates that the power sector needs an additional $80 billion of capital investment over the period 2010-15.
World Bank predicts further tariff rise in Pakistan
- 2010-07-09 17:17:57
- David Flin
The World Bank has forecast further rises in the power tariff in Pakistan to bridge the gap between the cost of producing electricity and the revenue earned from consumers.
Higher GCC power tariffs needed to cool peak demand
- 2010-07-01 06:04:51
- David Flin
The Middle East’s electricity providers have been urged to introduce variable tariff schemes that charge consumers more for usage during peak hours in an effort to ease demand.
Kentucky approves rate increase but not wind power
- 2010-06-29 06:23:20
- David Flin
The Kentucky Public Service Commission in the USA has approved an electricity rate settlement that will result in a 17 per cent rate rise for typical residential electricity customers of Kentucky Power Company.
