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Alstom to change emphasis
- 2011-10-12 05:56:55
- David Flin
Alstom’s Chairman and CEO Patrick Kron has announced that Alstom has decided to place more emphasis on BRIC (Brazil, Russia, India, and China) countries and emerging markets, including East Asia, because of the higher growth they offer when compared with conventional markets such as the USA and Europe.
Nigeria considers energy reforms to boost investment
- 2011-10-07 17:39:24
- Junior Isles
Dr. Sam Amadi, Chairman of Nigeria Electricity Regulatory Commission (NERC), has expressed his regrets that despite considerable efforts to increase generation, the country has only been able to achieve a capacity of 4000 MW, when it actually needs over 20 000 MW.
UK renewables approach all time high of 10 per cent
- 2011-09-30 00:40:39
- Junior Isles
Renewable electricity contributed an all time high of 9.6 per cent of the UK's power generation mix in the second quarter of this year, statistics released by the UK Department of Energy and Climate Change have revealed.
Kepco needs $1.7 billion loan
- 2011-09-28 05:46:14
- David Flin
Kansai Electric Power Co (Kepco) has said that it plans to borrow $1.7 billion to pay the higher costs of thermal power generation, which has increased with the lack of availability of its nuclear plants pending Japan’s safety review.
China proposes stronger emissions standards for thermal power
- 2011-09-23 17:28:49
- Junior Isles
China is to strengthen its emission standards for thermal power plants, a main source of pollution, as it strives to combat worsening environmental degradation.
OPIC approves $310 million for geothermal project in Kenya
- 2011-09-23 05:59:06
- David Flin
The Board of Directors of the Overseas Private Investment Corporation (OPIC), the US Government’s development finance institution, has approved up to $310 million in financing for a project to increase the capacity of the Olkaria geothermal power plant in Kenya from 48 MW to 100 MW.
EIA predicts world energy use to increase 53 percent by 2035
- 2011-09-21 05:45:41
- David Flin
The US Energy Information Administration (EIA) has released its report International Energy Outlook 2011 (IEO2011). The report presents projections for world energy markets through 2035.
Alstom receives $4.1m in wind research funding
- 2011-09-20 21:35:32
- Junior Isles
Alstom has received $4.1m in research funding from the US Department of Energy (DOE) to develop advanced control systems and integrated sensors that increase cost-efficiency of offshore wind turbines.
Consortium to invest $600 million in Nigeria’s power distribution
- 2011-09-16 06:14:31
- David Flin
The Nigerian Electricity Regulatory Commission (NERC) has announced that a consortium including the US power company Symbion Power, and Finagestion of France, were set to invest $600 million into Nigeria’s distribution network and generation plants.
Smart grid evolution expanding
- 2011-09-14 06:29:19
- David Flin
Brian Wolff, Senior Vice President of External Affairs for the Edison Electric Institute (EEI), said that 25 million advanced meters are currently installed at residences in the USA, with projections of the total reaching 65 million by 2015, representing almost half of US households.
