South Korea has announced that it will construct a gigantic wind power plant complex on the country’s south-western coast by the end of 2019.
In a joint energy market report on the UK released by RWE npower and the London School of Economics, around 20 GW of stand-by British power capacity could generate as much as £1.5 billion in annual returns for producers by 2020 as they fill gaps caused by the retirement of old plants.
Japanese firm Toyota Tsusho Corp and South Korean Hyundai Engineering Co of have won a bid to build new Kenyan geothermal plants worth Sh40 billion ($400 million), reinforcing north-east Asian involvement in Kenya’s geothermal power generation programme.
The Fukushima disaster might lead to a 15 per cent fall in nuclear power generation worldwide by 2035, according to a July draft of the International Energy Agency's 2011 World Energy Outlook. The report further predicts power demand could rise by 3.1 per cent a year over the same period, though.
The Uruguay government has announced a $8.5 million programme called Probio that is intended to reduce greenhouse gas emissions produced by the use of fossil fuels to generate electricity.
Rodney Hacker, consultant of the United Nations Development Programme (UNDP) commented at a seminar put on by the Azerbaijani State Agency for Renewable & Alternative Energy Sources (SARAES), that Azerbaijan has great potential to develop and use renewable energy sources.
The Northern Ireland Executive has announced a public consultation on proposed changes to the Northern Ireland Renewables Obligation (NIRO).
At a conference hosted by Israel’s branch of CIGRE, the International Council on Large Electric Systems, there were discussions on developing by 2020 a €5-6 billion electrical super-grid running from Spain, into northern Africa, to the eastern Mediterranean, and then back into Europe via Turkey.
Germany’s Kreditanstalt fur Wiederaufbau (German Development Bank, KfW) will underwrite renewable energy and energy efficiency investments in Germany with $137 billion over the next five years.
The UK Department of Energy and Climate Change has announced the new levels of government support for different kinds of renewable generation under the Renewables Obligation (RO) from 2013-2017.