Seventy years after independence, India is racing to connect thousands of villages with electricity as it looks to accelerate growth whose dividend are distributed to all. The new year will see the government accelerate efforts to achieve the mammoth task of reaching power to more than a quarter of a billion people who lack access […]
Global NEWS
The state says more utility customers in Michigan produced their own electricity in 2016 than the previous year. Michigan’s Public Service Commission says 2,582 residential, commercial and industrial customers participated in the state’s net metering program, an increase of 427 from 2015. Published in U.S. News, 1st January, 2018 https://www.usnews.com/news/best-states/michigan/articles/2018-01-01/report-more-utility-customers-produced-electricity-in-2016
The electricity sector’s competitive dynamic completely flipped in 2017. It is now cheaper to build new wind and solar than new coal or often natural gas. In growing swaths of the country, it’s often cheaper to build new wind (and sometimes solar) than continuing to run existing coal plants. The implications are profound. Published in Greentech Media, […]
A glut of gas from U.S. shale fields is fueling a power-plant construction boom in several Northeastern states, despite fierce competition that has caused wholesale electricity prices to plummet. Published in the Wall Street Journal, 28th December, 2017 https://www.wsj.com/articles/power-plants-bloom-even-as-electricity-prices-wilt-1514457002
The UK has achieved its greenest year ever in terms of how the nation’s electricity is generated, National Grid figures reveal. The rise of renewable energy helped break 13 clean energy records in 2017. In June, for the first time, wind, nuclear and solar power generated more UK power than gas and coal combined. Published […]
Morupule B Power Station, a coal-fired power station built by the China National Electric Engineering Corporation, has been credited to spurring electricity production in Botswana, Statistics Botswana said Wednesday. Published in xinhua net, 27th December, 2017 http://www.xinhuanet.com/english/2017-12/27/c_136855741.htm
The Turnbull government’s proposed emissions targets for the electricity sector would mean every car would need to be taken off the roads immediately, or every cow would need to be taken off farms from next year, for Australia to reach the targets it committed to as part of the Paris agreement, according to analysis conducted […]
When other states are acquiring power plants from the Tatas, Adanis & Essar, Punjab’s reliance on the private sector costs consumers Rs 1,300 crore every year for unutilised power alone. Published in The Tribune, 21st December, 2017 http://www.tribuneindia.com/news/comment/why-electricity-is-costly-in-punjab/516359.html
Egypt plans to generate 42 percent of its electricity from renewable energy by 2025, according to Electricity Minister Mohamed Shaker. Nation will start to receive bids for 600 megawatts of wind power soon, Shaker said Monday at a conference in Cairo. The Benban solar park in Egypt’s Aswan province in the southeast is set to […]
SINGAPORE’S electricity sector took another step towards a future with a more balanced grid as Diamond Energy obtained approval from wholesale electricity market operator Energy Market Company (EMC) to manage demand response capacity. The Energy Market Authority (EMA) had in 2016 introduced demand response to the energy market, but Diamond Energy is the first retailer […]
Moody’s Investors Service and its Indian affiliate, ICRA Limited, say that their stable outlook for the power sector in India over the next 12-18 months, reflects their expectation of generally stable industry conditions and government policy initiatives, which will likely lead to improvements in the financial position of state-owned electricity distribution companies. Published in Moody’s […]
Technological advances like artificial intelligence, machine learning and big data are impacting the power sector as well, making it imperative for producers to re-skill resources, a senior official of Tata Power said. Published in The Economic Times, 10th December, 2017 https://economictimes.indiatimes.com/industry/energy/power/technologies-like-artificiai-intelligence-big-data-impacting-power-sector/articleshow/62008511.cms