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India’s largest oil firm to invest $430 million in clean energy
- 2010-08-14 07:16:37
- David Flin
The Indian Oil Corporation (IOC) is looking to diversify into the renewable and nuclear energy sectors, and has earmarked $430 million for investment over the next five years.
China July power output up by11.5 per cent
- 2010-08-11 07:42:54
- David Flin
According to data from the National Bureau of Statistics (NBS), China’s power generation increased in July by 11.5 per cent from the equivalent figure a year earlier, reaching a record 377.64 TWh, as demand peaked amid scorching temperatures in many parts of the country.
Mini nuclear power systems for Pacific islands
- 2010-08-09 07:23:19
- David Flin
Hyperion Power Generation, from New Mexico, USA, has said that it has commercialised small modular nuclear reactors for power generation for use by small island states in the Pacific.
Saudi Arabia needs $80 billion for power growth by 2018
- 2010-08-02 07:20:07
- David Flin
It has been reported that about $80 billion worth of investment is needed in Saudi Arabia by 2018 to meet rising power demands in the country.
UK Government announces 40-year energy action plan
- 2010-07-29 07:59:39
- David Flin
The UK Energy and Climate Change Secretary Chris Huhne presented the UK’s first ever Annual Energy Statement to Parliament on 28 July, in which he outlined a 32-point action plan for the next 40 years.
UK subsidy for wind, not for nuclear
- 2010-07-26 06:54:39
- David Flin
UK’s Energy Secretary Chris Huhne said in an interview yesterday that he favours harnessing both offshore and onshore wind power, and that the UK will not subsidise a new generation of nuclear power stations.
KEPCO to buy into Indonesian coal producer
- 2010-07-22 05:48:59
- David Flin
Korea Electric Power Corporation (KEPCO), South Korea’s state-run power company, said that it will buy a 20 per cent stake in PT Bayan Resources, Indonesia’s eighth-largest coal producer by output, for $515 million.
Saudi Arabia to go nuclear
- 2010-07-13 05:50:31
- David Flin
Toshiba, Shaw and Exelon have signed a deal with Saudi Arabia to pursue several nuclear power contracts in Saudi Arabia.
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.
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.
