The European Union (EU) together with Germany recently announced a financial package worth €33 million ($40 million) to fund further developments in Nigeria’s power sector, with a focus on renewable energy. This Day reported that the new financial package is part of the rollover of the Nigerian Energy Support Programmme (NESP), which is managed by […]
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Zimbabwe should abandon its old thermal power stations, which have become a major financial drain and invest in brand new projects to ensure a steady supply of electricity, energy experts say. This comes as the Zimbabwe Power Company (ZPC) – an electricity generation unit of Zesa Holdings – says it requires US$5,3 billion to recapitalise […]
The shift toward local generation and consumption of energy is spreading across Japan. This localised approach aims to use electricity generated by sunlight and wind power and ensure electricity supplies are available in the event of a major earthquake or other disasters. Efforts to create electricity supplies for smaller areas are popping up in many […]
Atlas Copco will unveil three new power products at the Middle East Electricity exhibition taking place in Dubai from tomorrow until Thursday. The Swedish machinery company said in a statement that the new products are a Variable Speed Generator (VSG) that offers superior low-load performance; a containerised, fuel-saving TwinPower concept for Modular Power Plant (MPP) […]
Egypt will be able to export its surplus of electricity by the end of 2018, once the three Siemens combined cycle plants become fully operational, as part of the country’s plan to be an electricity transfer and circulation regional hub, CEO of Siemens Egypt, Emad Ghaly, said on Sunday. Published in Eygpt Today, 5th March, […]
With all the fanfare that accompanied the recent start to work on the Afghanistan section of TAPI – the pipeline that Turkmenistan hopes will one day pump its natural gas to markets in South Asia – another equally speculative but potentially momentous development was largely overlooked. Communicating with a construction site via satellite feed from […]
Renewable energy is overtaking nuclear as Minnesota’s second-largest source of electricity generation, while coal remains the largest source, according to a report released Thursday by Bloomberg New Energy Finance. Coal made up 39 percent of the energy Minnesota generated inside its borders in 2017. That percentage is expected to go down dramatically in the next […]
A regular Energy Consumers Australia survey, released on Wednesday, has found twice as many people think they’re getting value for money from their bank and mobile phone provider as from their electricity retailer. Just one-in-three people surveyed last September were satisfied with the value for money they got from their power bills. Satisfaction levels dropped […]
The U.S. Department of Energy’s Energy Information Administration (EIA) has released its Electric Power Monthly (PDF) report for February 2018, which includes all data for 2017. Solar power generation, in all forms and sizes – solar PV greater than and less than 1MW and concentrating solar power (CSP) – grew 40.5% in 2017 over 2016. […]
Engineers at the Massachusetts Institute of Technology (MIT) have created a device that can generate electricity out of what appears to be nothing but air. The device doesn’t require sunlight, batteries or depend on wind, instead it relies on temperature fluctuations to generate energy. The device, called a thermal resonator, was created using a combination […]
BANGLADESH: Electricity import from India is an economic option for Bangladesh as it is cheaper than all the other options including coal fired power plants, says a report. The report, published on Monday, said that importing of power will need less domestic power generation capacity. The money which was supposed to be invested in improving power […]
NEW DELHI: The government is planning to introduce a bill in the monsoon session of Parliament which proposes to make right to electricity a reality and hold the distributors accountable for failing to provide round-the-clock power under normal circumstances from April 2019. Published in India Times, 27th February, 2018 https://economictimes.indiatimes.com/news/politics-and-nation/bill-on-right-to-electricity-likely-in-monsoon-session/articleshow/63088824.cms