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EU imposes freeze on UK back-up power subsidy scheme
- 2018-11-16 06:10:30.753368
- David Flin
The European General Court has suspended the UK’s subsidy scheme for back-up electricity generation, stating that the payments system should be subject to a state aid investigation.
Gulf requires $100 billion investment for power sector over the next five years
- 2018-11-06 05:55:08.728551
- David Flin
The MENA Power Industry Outlook 2019, a report prepared by Ventures Onsite, says that the GCC region is expected to require power infrastructure investment totalling $109 billion over the next five years.
EIB backs Norway-Germany power link
- 2018-08-17 07:28:58.115446
- David Flin
The European Investment Bank (EIB) has signed a €100 million financing agreement with TenneT for the construction of an electricity link between Norway and Germany.
ACWA Power and Energy China sign MOU
- 2018-06-11 06:07:48.415677
- David Flin
ACWA Power, a developer, owner, and operator of power generation and water desalination plants, has signed a Memorandum of Understanding (MoU) with China Energy Engineering Corporation Limited (Energy China) during a ceremony in Dubai.
Major power blackout hits half of Pakistan
- 2018-05-17 06:45:35.578712
- David Flin
Half of Pakistan had an eight-hour power outage on 16 May, following a major power breakdown in the country’s transmission system, leaving the Punjab, Khyber Pakhtunkhwa, Azad Jammu and Kashmir without power.
AEP to invest $17.7 billion into upgrading power grid
- 2018-04-25 04:51:07.377500
- David Flin
Nicholas Akins, Chairman, President and CEO of AEP of Ohio, USA, said that the company would invest $17.7 billion over the next three years into strengthening its grid network.
Puerto Rico hit by island-wide power blackout
- 2018-04-19 06:48:16.614679
- David Flin
A power line failure in southern Puerto Rico cut electricity to almost all of the island on 18 April.
Middle East and North Africa requires $260 billion investment in power plants
- 2018-04-18 06:04:43.137729
- David Flin
The Arab Petroleum Investment Corporation (APICORP) has produced a report stating that Middle Eastern and North African countries will need to invest $260 billion on increasing electricity production over the next five years to meet rising demand.
France calls for EU nations to adopt carbon price floor
- 2018-03-06 04:56:47.438871
- David Flin
Brune Poirson, the French Ecology Minister, called at a conference in Brussels for a price floor of €25-30 per ton of CO2 in power generation to help accelerate the shift from coal to gas and renewables.
ABB launches Collaborative Operations for the power generation and water industries
- 2018-02-22 06:30:18
- David Flin
ABB has launched it ABB Ability™ Collaborative Operations for Power Generation & water on 21 February.
