China is to strengthen its emission standards for thermal power plants, a main source of pollution, as it strives to combat worsening environmental degradation.
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.
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 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.
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.
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.
Sri Lanka’s Ceylon Electricity Board (CEB), which has been badly hit by a failure of the island’s main monsoon, is predicting losses in 2011 of $54 million, due to the cost of extra thermal generation.
The US Department of Energy (DOE) has announced the award of over $145 million to 69 projects in 49 states aimed at increasing efficiency, reducing costs and shaping the future of solar energy technologies.
The Green Climate Fund (GCF), designed to produce climate-related investment worth $100 billion a year by 2020 for the developing world, is destined for failure, according to Bloomberg New Energy Finance (BNEF).
The cost of nuclear generation in Japan, even taking into account the compensation related to the Fukushima Daiichi accident, remains likely to be less than using fossil fuels, according to a new study.