Westinghouse has announced that it is submitting bids for two potential new nuclear reactors in Canada, and will open a satellite office in Toronto to support the bids.
NRG Energy Inc. (NRG) is to purchase $1.7 billion of GenOn Energy Inc. (GEN) stock, initiating a merger that will create the US’ largest independent electricity generator and, hopefully, a more resilient firm with the market strength to withstand sliding power prices.
Rises in US natural gas prices are expected to push back natural gas gains against coal as some utilities return to using coal for power generation.
The Bangladesh Power Development Board (BPDB) has proposed a 50 percent increase in the power tariff for bulk users, despite heavy criticism of the move by consumers.
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.
Hydro power capacity has in Pakistan reportedly fallen by 1000 MW compared to last year due to diminished dam inflows and ill-advised government strategy to generate electricity when inflows were too low, leading to a greater shortage and lower water levels.
A panel set up by Japan’s Industry Ministry to look into structural weaknesses in the country’s electricity industry in the wake of the Fukushima nuclear disaster has submitted draft proposals to overhaul the power sector.
International Power Canada (IPC) has announced that construction has started at the $50 million Brockville Solar project in Leeds County, Ontario.
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.
The Israel Electric Corporation (IEC) has warned consumers and businesses of the possibility of a summer of blackouts, particularly during peak hours between noon and 5pm.