United Technologies Corporation has announced that it intends to sell its power generation assets for about $1 billion.
UK gas supplier BOC has taken a 15 per cent stake in the £5bn carbon capture and storage (CCS) project being planned by 2Co Energy at the Don Valley Power Project in Doncaster.
The Indian Government has announced that it will supply 500 MW to Pakistan.
The Iowa Supreme Court in the USA has upheld a regulatory decision that allowed the state’s largest utility to undertake a huge expansion of wind energy utilisation, rejecting a challenge from a rival company that claimed that the expansion was unnecessary and unfair to other energy producers.
Higher water temperatures and lower river flows due to climate change pose significant operational and cooling problems for nuclear and coal-fired power plants in both the US and Europe, a study published in Nature Climate Change warns.
US power producers increased their natural gas use by 40 per cent year on year to March 2012, as low prices spur a switch from coal, whose share fell 20 per cent, an EIA report has said.
German solar power plants produced an unprecedented 22 GW of electricity through the midday hours of Friday 25th and Saturday 26th of May, equivalent to 20 nuclear power stations running at full capacity, Norbert Allnoch, director of the Institute of the Renewable Energy Industry in Muenster has said.
Analysis by Bloomberg New Energy Finance (BNEF) estimates that the world’s first carbon capture and storage (CCS) unit will start operation in the US in 2013.
The New Zealand Government has announced that it will invest $4.6 billion over the next 10 years in upgrading the national electricity grid.
Western Japan is to experience above average temperatures from June to August, again renewing the potential for power shortages as demand rises while nuclear power plants stay idle.