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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.

The power of analytics to master the modern grid

• 2018-02-07 22:04:18
• Junior Isles

The electric utility industry is undergoing a major transformation driven by new sources of energy generation (solar and wind power), consumer demand for faster and more affordable services and cyber security. The emerging modern grid demands accurate data and electric network information. As a result, managing data to harvest insights and forecast more accurately has huge potential to optimise operations. Utilities must therefore overcome current constraints and limitations to ensure high quality operational data is available. 

By Dan Beasley, Director, Utilities, Cyient

Puerto Rico moves to privatise PREPA

• 2018-01-23 05:32:41
• David Flin

Ricardo Rossello, Governor of Puerto Rico, has announced that he is moving to privatise the publicly-owned Puerto Rico Electric Power Authority (PREPA) after the lengthy recovery from the damage caused by hurricane Maria.

Restructuring Saudi power market could generate $4 billion

• 2018-01-08 05:19:16.890273
• David Flin

A new study published by the King Abdullah Petroleum Studies and Research Center (KAPSARC) has claimed that restructuring Saudi Arabia’s power generation sector, in conjunction with accompanying price reforms, has the potential to contribute an additional $4 billion to the Saudi economy.

Nigeria loses almost half its power output after gas pipeline fire

• 2018-01-04 05:28:00.083941
• David Flin

A fire at a Nigerian gas pipeline interrupted gas supplies to companies generating more than 3000 MW.

Tepco and neighbouring utilities to pool spare power capacity

• 2017-12-22 05:51:56.478844
• David Flin

Tokyo Electric Power Co. (Tepco), Kansai Electric Power, Chubu Electric Power, and Hokuriku Electric Power have announced plans to grant access to each other’s backup power reserves to better handle dips in renewable energy output and other non-emergency situations.

Israel signs agreement to join US-led Power Africa Initiative

• 2017-12-05 05:36:50.731147
• David Flin

Israel has signed an agreement to join the US-led Power Africa Initiative in Jerusalem on 4 December.

GE signs $400 million contract for 14 substations in Iraq

• 2017-11-24 06:11:13.758693
• David Flin

The Iraqi Ministry of Electricity (MOE) has signed an agreement worth over $400 million with GE Power to develop substations on a turnkey basis and supply critical equipment such as transformers, circuit breakers, and other equipment to rehabilitate existing substations.