Ontario Power Generation (OPG) has signed a $600 million contract for the initial phase of the refurbishment of its Darlington nuclear power plant.
Centrica Plc, the UK’s biggest residential gas supplier, may mothball a further three of its eight gas-fired power plants, after already announcing the closure of two.
UK Prime Minister David Cameron and French President Nicolas Sarkozy are to sign an accord on civilian nuclear cooperation in light of the British government’s plan to build a new generation of power stations.
Dr Tilo Klinner, German Consul General, has advised Pakistan to avoid seeking electricity generation from nuclear technology due to the security and environmental threats it poses.
Polish power firms are “planning new power plants in a chaotic manner” and “not all projects make sense”, according to Mikolaj Budzanowski, the country's treasury minister.
The US Nuclear Regulatory Commission (NRC) has voted to grant a licence for two new reactors at a site near Waynesboro, Georgia.
The Japanese government is considering relaxing regulations on building renewable energy facilities, such as solar plants, in order to promote their construction, according to government sources.
The Spanish government has suspended subsidies for new renewable energy projects as part of its efforts toward a deficit reduction strategy.
A shale-gas glut has driven down electricity prices for the US power industry by around 50 per cent since 2008 and reduced investment in costlier sources of energy, according to a research report by Aneesh Prabhu, a Credit Analyst with Standard & Poor’s Financial Services LLC.
North Carolina based SPX Corporation and Shanghai Electric Group Co., Ltd. (Shanghai Electric) today announced the formation of a new strategic joint venture to supply products to the power sector in China.