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Enel: “No decision” on selling Bulgarian stake
- 2010-07-12 05:45:38
- David Flin
Enel, Italy’s largest utility, has said that it has not yet reached a decision on selling its 73 per cent stake in Bulgaria’s Maritsa East Three coal-fired power plant.
Vietnam to have restructured power tariff
- 2010-07-10 05:39:30
- David Flin
The Vietnam Energy Association has said that the country’s power sector needs to charge consumers more and to rethink its pricing mechanisms in order to attract necessary investment. It estimates that the power sector needs an additional $80 billion of capital investment over the period 2010-15.
World Bank predicts further tariff rise in Pakistan
- 2010-07-09 17:17:57
- David Flin
The World Bank has forecast further rises in the power tariff in Pakistan to bridge the gap between the cost of producing electricity and the revenue earned from consumers.
Higher GCC power tariffs needed to cool peak demand
- 2010-07-01 06:04:51
- David Flin
The Middle East’s electricity providers have been urged to introduce variable tariff schemes that charge consumers more for usage during peak hours in an effort to ease demand.
Kentucky approves rate increase but not wind power
- 2010-06-29 06:23:20
- David Flin
The Kentucky Public Service Commission in the USA has approved an electricity rate settlement that will result in a 17 per cent rate rise for typical residential electricity customers of Kentucky Power Company.
Renewable’s share of energy mix falls in UK
- 2010-06-26 07:19:32
- David Flin
The UK Government has announced a drop of nearly 7 per cent in the share of electricity generated from renewable sources. Despite a year-on-year increase of nearly a third of onshore wind power generation, the total amount supplied in the first quarter of 2010 as part of all sources fell by 6.6 per cent.
MIT report on natural gas growth
- 2010-06-25 06:10:29
- David Flin
The Massachusetts Institute of Technology (MIT) has published the findings of a two year study into the use of natural gas in the USA. The study proposes greater use of natural gas in the generation of electricity, claiming that this could reduce the country’s CO2 emissions levels by over 10 per cent.
Sweden’s nuclear ban overruled
- 2010-06-18 05:34:51
- David Flin
The Swedish parliament has voted by the narrow margin of 174-172 to overturn a 30-year-old ban on the construction of new nuclear reactors and to allow the replacement of the country’s existing fleet of 10 reactors.
Indonesian government announces plans for power price increases
- 2010-06-15 18:58:36
- Junior Isles
The Indonesian Government has approved electricity tariff increases of up to 18 per cent from July 1. Commercial, industrial and wealthy domestic consumers will be charged a higher rate, whereas less wealthy households (around 75 per cent of all domestic consumers) will be exempt.
Green levy to cause Irish prices to rise
- 2010-06-15 05:13:31
- David Flin
Experts have said that a proposal to pay for green energy incentives and supports for peat-fired power plants could add €40 a year to Irish consumers’ electricity bills and significantly increase industries’ costs.
