Latest news
Chinese power demand to double by 2026
According to a report presented by the China Electricity Council (CEC), China's electricity consumption will almost double, reaching almost 8.2 trillion kWh by 2020. In the last ten years China has experienced huge economic growth, which has required an equally huge growth in capacity of its energy generation industry. China has managed to triple its electricity infrastructure capacity, adding an average 80GW of new power every year.
read more... 11/12/2013
UK expands lifetime of old and inefficient coal power stations
Almost exactly a month after the House of Lords voted in favor of it, the UK Government voted against the modification to the Energy Bill which would have to put limits on coal burning in the UK, sparing the energy market from an even tighter squeeze as aged nuclear plants shut later this decade. Britain's power market is already tight as ageing capacity is being retired and a modest amount of new generation is being built. Members of Parliament voted 318 to 236 against including the amendment in the bill.
read more... 06/12/2013
China’s on grid solar capacity to triple by the end of 2013
According to China’s National Energy Administration (NEA), total grid-connected solar capacity in China could triple to 10 GW by the end of the year. The total grid installed generation capacity from all sources is predicted to reach 1,235GW by the end of this year, representing a 200% rise, in comparison to a year before.
read more... 05/12/2013
UK: Low Carbon and Macquarie Capital to invest in 300 MW of solar energy
Macquarie Capital and Low Carbon, a renewable energy investment company, have announced recently they will team up to deliver a portfolio of 300MW of solar generation capacity in the UK.
read more... 04/12/2013
Serbia: construction works started on Serbian section of South Stream
Construction works began last week on the Serbian leg of Gazprom's South Stream gas pipeline. The segment under construction will have the capacity to carry 40.5 billion cubic meters per year and it will have about 4500 kilometers across Serbia, having a total cost of about 2 billion euros.
read more... 02/12/2013