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Category: Global News

Global NEWS

When federal regulators decided earlier this week to avoid subsidizing uneconomic power plants that could in theory run all day, it may have helped propel another trend — the development of energy storage devices that can give renewable energy an added lift. Published in Forbes, 10th January, 2018 https://www.forbes.com/sites/kensilverstein/2018/01/10/by-rejecting-coal-subsidies-federal-regulators-are-boosting-renewable-energy/#47afd5b6397d

The head of the UK energy regulator has said he will not receive his bonus, as he came under pressure from MPs who accused him of being a passive bystander and failing to prevent millions of customers from paying over the odds. Published in the Guardian, 10th January, 2018 https://www.theguardian.com/money/2018/jan/10/regulator-sorry-for-not-capping-uk-consumers-energy-bills-sooner

A 75 percent drop in electricity rates, thanks to a quadrupled clean generation capacity, is one of the legacies to be left in Chile by the administration of Michelle Bachelet, who steps down on Mar. 11. In December 2013, the electricity supply tender for families, companies and small businesses was awarded at a price of […]

Coal-fired power projects are expected in the next two decades to maintain dominance in the energy markets of emerging economies in Asia despite tighter regulations and decreasing appetite among European financiers. According to UK-based consultancy Wood Mackenzie, emerging markets in Asia are expected to attract a total of $250 billion worth of investments in coal-fired […]

Various countries in the world’s most oil-dependent region, the Middle East, have started to look above ground for generating energy to diversify away from their primary below-ground energy source. Saudi Arabia, the United Arab Emirates (UAE), and Oman, to name a few, have set some ambitious goals to boost the construction of clean energy facilities […]

A new, transatlantic partnership is set to deliver efficiency and environmental benefits to coal-fired power station operators by utilising the very latest computer modelling techniques. A joint venture between the UK-based Greenbank Group, Nitec Energy Services in Canada and US consultancy Reaction Analytic Solutions Corp. has seen the creation of a new company, Ammegen Limited. […]

The introduction of natural gas for power generation, and the potential expansion of domestic gas production, will help Kenya achieve its ‘ambitious’ goals to increase power generation capacity to 19,000MW by 2030, according to a new report from BMI Research. Published in Rigzone, 5th January, 2018 https://www.rigzone.com/news/natural_gas_will_help_kenya_achieve_ambitious_power_generation_goals-05-jan-2018-153037-article/

The world is faced with serious concerns on climate change. India, being a responsible stakeholder, has taken steps towards decarbonising its economy. It has set very aggressive targets to augment its renewable generation capacity to 175 GW by 2022 and has, in fact, upped the target recently on the back of increasing environmental and climate […]

The state government has proposed to provide cheaper power to industries during off-peak period as Dakshin Haryana Bijli Vitran Nigam (DHBVN) and Uttar Haryana Bijli Vitran Nigam (UHBVN) are having surplus electricity. The power distribution companies, commonly known as discoms, have moved their Annual Revenue Requirement (ARR) for financial year 2018-19 before the Haryana Electricity […]

Britain generated more electricity from renewable and nuclear energy in 2017 than from gas and coal, marking the first year that low-carbon resources have met most of the UK’s power needs. Published in Financial Times, 3rd January, 2018 https://www.ft.com/content/437c4e8a-efc0-11e7-ac08-07c3086a2625

India is adding the least amount of coal-fired power in more than a decade as tepid demand from indebted state retailers fails to utilize the nation’s existing generation capacity. Published in The Economic Times, 2nd January, 2018 https://economictimes.indiatimes.com/industry/energy/power/coal-powers-pace-slows-in-india-as-glut-leaves-plants-unused/articleshow/62332558.cms

India is adding the least amount of coal-fired power in more than a decade as tepid demand from indebted state retailers fails to utilize the nation’s existing generation capacity. Coal-fired capacity, which accounts for more than three quarters of the nation’s electricity, rose by 809 megawatts during the April-November period, according to Bloomberg calculations based […]