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Category: Global News

Global NEWS

The Power Development Board or PDB said Bangladesh generated 10,084MW of electricity around 7pm on Monday. “Power generation has been increasing for the last few days,” said PDB spokesman Md Saiful Islam. The demand for power generation was also 10,000 MW at that point in time. Although electricity generation reached its peak, parts of in […]

With the liberalisation of the retail electricity market, DBS on Tuesday announced the launch of DBS Electricity Marketplace that allows households to switch seamlessly to other energy retailers. DBS will be working with electricity retailers – iSwitch and Keppel Electric – in a pilot that starts in April involving around 108,000 households in Jurong. Through […]

TIRANA (Albania), March 19 (SeeNews) – Albania’s state-owned power corporation KESH said on Monday it sold a total of 25,035 MWh of electricity worth 381,316 euro ($468,500) for delivery in the March 17-31 period. KESH announced and concluded the auction on March 15, with the highest price offered set as the most important criteria, according […]

Ethiopian officials declared that Addis Ababa will begin testing the Grand Ethiopian Renaissance Dam (GERD) for electricity generation, to determine if it can produce 6.450 megawatts of electricity upon completion. Chinese agency Xinhua reported that Hailu Abraham, Public Relations Head at the Office of the Ethiopian National Council for the Coordination of Public Participation on […]

The European Commission has opened a formal investigation to assess whether German grid operator TenneT’s limitation of capacity from Western Denmark into Germany breaches EU antitrust rules. The Commission and TenneT are engaged in constructive discussions on commitments to address those concerns. Commissioner Margrethe Vestager, in charge of competition policy, said: “Energy should flow freely […]

The Nigerian Electricity Regulatory Commission (NERC) says prepaid meters will soon flood the market with the licensing of 87 meter asset providers (MAPs). What the power sector regulator downplayed, however, is there is also going to be an increase in the bills to be paid by electricity consumers in the country who get new meters […]

The Japan International Cooperation Agency (JICA) signed a loan agreement with the government of Kenya in Nairobi to provide a Japanese ODA loan of up to JPY 10.077 billion ($94 million) for the Olkaria I Units 1, 2 and 3 Geothermal Power Plant Rehabilitation Project. JICA said in a statement that the project will rehabilitate […]

LONDON, March 19 (Reuters) – Wind power generation from Britain’s wind farms hit a record level of 14.2 gigawatts (GW) on March 17, National Grid said on Monday. * The record generation, at 1430 GMT on Saturday, represented 34.2 percent of the total electricity generation in Britain at that time, National Grid said. Published in […]

The Australian Energy Market Commission says the national electricity grid is becoming more unstable, with 11 incidents in 2016-17, up from seven the year before and four the year before that. The instability is attributed to changes in the power generation mix, with thermal, synchronous generators leaving the system in favour of more renewable capacity, […]

While the Trump administration abandons the Paris agreement on fighting climate change and pledges to revive the U.S. coal industry, India this month hosted the inaugural conference of the International Solar Alliance, an organization launched by Prime Minister Narendra Modi with the aim of raising $1 trillion to promote solar generation and technology in 121 […]

ADDIS ABABA, March 17 (Xinhua) — Ethiopia will soon start test generation of the 6,450 MW Grand Ethiopian Renaissance Dam (GERD) built on the Blue Nile river, an Ethiopian official said on Saturday. Speaking to Xinhua, Hailu Abraham, Public Relations Head at Office of Ethiopia National Council for the Coordination of Public Participation on the […]

Saudi Arabia is fast-tracking an atomic energy programme to reduce its dependence on oil, but concerns over nuclear proliferation in the Middle East could put a damper on its ambitious plans. The atomic policy, which limits nuclear activities to peaceful purposes, was approved by the cabinet on Tuesday just days before powerful Crown Prince Mohammed […]