The Ontario Smart Grid Forum has released a report that states that the North American power system is aging and is in need of urgent upgrading. It claimed that the current grid was only designed for one-way delivery of power from large generators to consumers.
Russian gas giant Gazprom and Danish utility DONG Energy have signed a letter of intent (LOI) to cooperate in gas-fired power generation.
The China Electricity Council said that China may face power shortages of 30 GW during summer as electricity supply lags behind demand growth.
Japan’s growing anti-nuclear movement in the wake of the world's biggest nuclear accident since Chernobyl is creating an opportunity for Japanese makers of solar equipment. Companies such as Panasonic and Sharp are expected to capitalize on orders that analysts estimate may exceed $100 billion over the next decade, bringing down costs for consumers.
Total global generation from renewable energy sources outpaced nuclear energy for the first time in 2010, a report from a US think tank shows.
South Korea will not scrap nuclear power as it is an important source of energy for the resources-starved nation, said prime minister Kim Hwang-sik, amid heightened concern about the safety of atomic power plants following Japan's nuclear crisis.
Wind power is currently second in adding new generation capacity in the US, close behind natural gas, according to the American Wind Energy Association (AWEA).
UK offshore renewable generation increased by nearly 75 per cent last year, government figures show.
General Electric Co, which originally helped build the Fukushima Daiichi nuclear power plant damaged by Japan's earthquake and tsunami, will help Tepco supply electricity in the coming summer when power demand soars.