The British-based cottish and Southern Electricity (SSE) has announced that it is buying Endesa Generacion’s Irish power generation business for €320 million in cash plus an estimated €43 million for working capital.
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.
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.
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.
Swaziland Electricity Company has announced that it has instigated one hour load shedding blackouts on a rolling schedule.
German utility E.ON AG intends to permanently shut down three unprofitable gas-fired power plants in southern Germany, according to media sources.
New coal-fired power plants with carbon capture and storage (CCS) technology are unlikely to be built in the US without federal subsidies –even with the new environmental regulations that support the technology, a Bloomberg Government report says.
Europe's economic slump has depressed overall emissions and the price of carbon in the EU ETS, allowing utilities to turn back to cheap, highly polluting coal-fired generation while still meeting their emissions targets, recent figures show.
Wingas GmbH, one of Germany’s largest importers of natural gas, claims the German government needs to improve investment conditions for gas-fired power plants if it is to ensure continued energy security.
Japan’s Tokyo Electric Power Company (TEPCO) and a state-backed bailout fund have submitted a restructuring plan to the government.