NAIROBI, KENYA: Parliament has criticised the energy regulator for increasing electricity charges for domestic consumers. The National Assembly’s Departmental Committee on Energy also said reducing the number of subsidised units that low-end consumers can utilise in a month had locked out many Kenyans who might not meet the criteria of the middle-income segment that they […]
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TIRANA, Aug. 22 – The Albanian government is offering incentives to private investors as it plans to set up the country’s first major solar power plant in a bid to diversify the country’s current wholly hydro-dependent domestic electricity generation system that often puts the country’s public finances in troubles in cases of prolonged droughts. The […]
New data from the advisory power team in the office of Vice-President Yemi Osinbajo has shown that the power sector has lost N324.3bn this year, due to gas constraints and poor distribution network. According to the latest power generation report, 3,700MW could not be generated on August 20 due to unavailability of gas, poor transmission […]
Iran said on Tuesday it had resumed supplies of electricity to Iraq and other neighbouring states 10 days earlier, after shortages in Iraqi cities sparked unrest in July. Tehran stopped supplying electricity to Iraq in July due to unpaid bills and because of a rise in Iranian consumption during the summer. The power shortage in […]
Thailand’s Ministry of Energy has announced plans to expand the role of renewables and coal in the domestic power mix, in addition to increasing opportunities for small-scale electricity producers. In early July Siri Jirapongphan, minister of energy, said the revised Power Development Plan (PDP), due to be released in September, would place greater emphasis on […]
Istanbul — Turkey’s energy markets have been issued a warning message from the tumble of the lira, Japan’s MUFG research showed. Register Now Turkey’s demand for transport fuel is expected to be limited by higher retail prices and domestic coal is seen taking a higher share in the power generation mix at the expenses of […]
Iraqi Prime Minister Haidar al-Abadi sacked on Thursday a number of officials at the electricity ministry “in order to reorganize the operation of the ministry in the service of the country”, his office said in a statement. The dismissal of four directors and a number of others was the latest attempt to quell public anger […]
London — Average imbalance electricity prices have fallen in the UK since reforms were introduced in November 2015, but when the system is short the incentive for participants to balance their positions is stronger, energy regulator Ofgem has said in a working paper. A greater incentive to balance when the system is tight represents a […]
Nigeria lost 4,379 megawatts (MW) capacity of electricity on Saturday. This was partly due to distribution constraints and inadequate gas supply. Data obtained from the Independent System Operator (ISO), a business unit of the Transmission Company of Nigeria (TCN) shows 16 of the Generation Companies (GenCos) had more than one of their turbines turned down […]
Prague — Czech utility CEZ’s second quarter revenues and profit dropped sharply in spite of increased electricity production compared with the same period a year earlier as it was hit by increases in wholesale electricity and emissions prices after forward selling production at lower levels, it reported Tuesday. Electricity production rose to 14.6 TWh compared […]
SEOUL- South Korean President Moon Jae-in ordered a temporary cut in electricity rate amid the scorching heat wave that hit the entire country, the presidential Blue House said Monday. Moon said at a meeting with his senior secretaries that a temporary easing of the incremental electricity rate system for households should be conducted in July […]
The UAE’s department of energy (DoE) has issued an electricity generation licence to Barakah One Company, the joint venture subsidiary company owned by the Emirates Nuclear Energy Corporation (ENEC) and the Korea Electric Power Corporation (KEPCO) TRME Barakah1The electricity generation licence granted to Barakah One Company is the first of its kind in the region […]