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Category: Global News

Global NEWS

Smart meters will allow energy firms to introduce “surge pricing”, one of Britain’s biggest gas and electric providers has admitted for the first time. New deals which will mean the price of energy fluctuates every half an hour will be introduced as soon the energy regulator has given them the green light, Scottish Power told […]

SEOUL: South Korea plans to increase its tax on thermal coal, while lowering the tax on liquefied natural gas (LNG) to support the use of cleaner fuels for power generation, the finance ministry said on Monday. The ministry said in a statement that it will increase the tax on thermal coal by 10 won to […]

BAGHDAD : Iraqi Prime Minister Haider al-Abadi on Sunday sacked his minister of electricity after three weeks of protests against corruption and chronic power cuts in the energy-rich country. A statement from Abadi’s office said the premier sacked Qassem al-Fahdawi – whose departure was demanded by protesters – “because of the deterioration in the electricity […]

BAZIAN, Kurdistan Region – KRG Prime Minister Nechirvan Barzani opened an electricity generation station in Sulaimani province that will add a potential 400kV to the strained Kurdistan Region grid. “We acknowledge that there is a serious issue regarding electricity,” he said at the opening on Sunday, pointing to the financial crisis and the war against […]

State-owned electricity company PLN has signed a cooperation agreement with a number of institutions to improve the electricity system through the “Papua Terang” program in Papua and West Papua provinces. The institutions are the Indonesian Military and the National Institute of Aeronautics and Space (Lapan) as well as five higher educational institutions – the University […]

All Indian homes will be connected with electricity by March 2019, Prime Minister Narendra Modi said at an event in the northern state of Uttar Pradesh. Focus of the government will be on clean energy and rural development, Modi said on Sunday after laying foundation for 81 projects worth 600 billion rupees ($8.7 billion) in […]

ERBIL, Kurdistan Region – Iraqi Prime Minister Haider al-Abadi has ordered the suspension of the Minister of Electricity “due to poor performance of the sector.” The decision is effective pending the completion of an ongoing investigation, according to a statement from his office. Qasim al-Fahadawi was governor of Anbar province before Abadi appointed him to […]

Kirkuk- Islamic State has blown up an electricity station, southwest of Kirkuk, an informed official from the electricity department in the province said on Sunday. Speaking to AlSumaria News, the source said, “groups of Islamic State members set the electricity station of Therban village, near Fataha region, southwest of Kirkuk, on fire, burning the station […]

Saudi Electricity Company, the Arabian Gulf’s largest utility firm, reported a 17.3 per cent drop in second-quarter net profit on Sunday as revenues from electricity services fell and financing costs rose. The company, which the government is aiming to restructure to improve efficiency, made a net profit of 1.85 billion Saudi riyals (Dh1.81bn) in the […]

TEHRAN- According to an announcement by Iran’s Power Generation and Distribution Company (known as TAVANIR), power distribution companies can purchase the electricity generated by renewable energy power plants at guaranteed price. These companies will act as the representatives of Iran’s Renewable Energy and Energy Efficiency Organization (known as SATBA), IRIB reported on Saturday. In this […]

A group of utilities, state regulators and environmental groups released a report Tuesday showing it’s possible — with existing technology — for electricity generation in the midcontinent to be carbon-free by 2050. Relatively speaking, the electricity sector has done better than other parts of the economy in reducing greenhouse gas emissions. Still, in 13 states […]

Consumers should be aware that the Alberta government’s plan to introduce a capacity market for electricity by November 2021 is likely to hurt residential and business consumers and raise average bills by 12 to 15 per cent. Opposition to the changes has been muted because of the complexity of the process, which is indeed troubling. […]