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Category: Global News

Global NEWS

ERBIL, Kurdistan Region- Parts of Iraq particularly the capital Baghdad have reached the highest level of electricity production and supply in recent months, said an engineer with Baghdad’s electricity transmission in the wake of widespread protests in the country’s south for better services. Director General of Baghdad’s public electricity transmissions company, engineer Wafi Mohammed al-Miyahi, […]

TIRANA – Albania’s state-run power utility KESH says it is planning to build the country’s first floating solar power plant on the northern Drin River cascade where it generates about two-thirds of the country’s domestic electricity from three hydropower plants built in the 1970s and 80s under communism. The ambitious project would diversify the country’s […]

Although the grid covers about 60% of the towns in Ethiopia, over 70% of people still have no access to electricity. This gap necessitates for the government to seek various partnerships that will assist in connecting this number of people to the national grid. Today global power firm, GE Grid Solutions announced it has completed […]

BRITAIN should not back more than one new nuclear plant after Hinkley Point C is built before 2025 because renewable energy is the lowest cost for consumers, an independent advisory group to the government said on Tuesday. Britain plans to build a new fleet of nuclear plants to replace ageing coal and nuclear reactors set […]

CAIRO: Egypt’s annual urban consumer inflation surged to 14.4 percent in June as cuts to energy subsidies imposed under an IMF loan deal hit the economy sooner than expected. The speed at which June’s increases in fuel, electricity and transportation fares hit the economy surprised economists, who said interest rates could now stay high for […]

Consumers could save hundreds of dollars a year on their power bills if legal changes boosted competition among electricity wholesalers and retailers, the competition watchdog has said. A report by the Australian Competition and Consumer Commission, to be released on Wednesday, calls for new powers for the Australian Energy Regulator to target “market manipulation” and […]

BERLIN, July 10 – The share of electricity generated with renewable energy sources has surpassed that of the coal power for the first time in Germany, a study published on Tuesday by the Federal Association of the German Energy and Water Industries (BDEW) shows. According to the study, the amount of electricity generated by wind-, […]

The Turnbull government’s proposed National Energy Guarantee would have little or no impact on cutting the emissions of the electricity sector, a report says. State and territory ministers will discuss in August the final design of the NEG, which the federal government says will bring down power prices, improve the reliability of the electricity system […]

As part of its efforts to help boost power supply in Nigeria, GE has announced its intention to collaborate with the Niger Delta Power Holding Company (NDPHC) to develop an end-to-end Power Intervention (EEIP) The announcement was followed by signing of a Letter of Intention (LOI) by both parties during the France-Nigeria Business Forum held […]

A leading energy market analyst has warned that parts of the economy other than electricity will bear the brunt of Australia’s emissions reduction effort under the Paris agreement – a development that will inevitably drive up the costs of abatement for high-emitting energy, materials and industrial companies. The warning comes as Tony Abbott has escalated […]

The European Commission is trying to limit the development of so-called capacity mechanisms, which some member states have put in place as a way of ensuring electricity supply in situations of peak demand. EURACTIV France reports. While the EU has come to a compromise on renewable energies on 13 June, setting the target for renewable […]

Panda Power and Pinergy are the latest power providers to announce price increases. From the start of August, Panda Power will be raise its standard electricity unit rate by 5.9 per cent and its gas unit rate by 5 per cent, an increase of almost €80 on a typical dual fuel bill. Panda Power managing […]