News

  • Thanks to its position on a volatile section of the Mid-Atlantic ridge, Iceland is a world leader in the the use of geothermal energy, and of the six geothermal power plants in Iceland, Hellisheiði (pronounced “het-li-shay-thee”) is the newest and largest. Fully operational since 2010, it sits on the mossy slopes of the Hengill volcano in the south-west of the country; a green and ...
  • Lenders to new solar and wind projects in the Middle East and North Africa (MENA) will favor quality and performance over cost and will require governments to embrace private partnerships, leading financiers said at the MENASol 2016 conference on May 26. "Everyone was astounded when the lowest bid of 3 cents/kWh came out on [Dubai's] 800 MW DEWA III [PV] tender. It was almost 40% cheaper than ...
  • May 27--Exelon is trying to orchestrate an unlikely end-of-session deal to pass far-reaching legislation to prop up what it says are financially struggling nuclear power plants, threatening to close them and eliminate hundreds of jobs if lawmakers don't act. The scene is a repeat of last year, when the energy giant made a similar ask. That request went nowhere as legislators were consumed with ...
  • Iran has built its first mobile small-size power plant that can meet the power consumption of a town with 5,000 residents. The power plant is meant for critical situations, such as in areas hit by natural disasters, as well as in remote settlements, said Ali Sarbaz Hosseini, manager of the company that had built the plant, IRNA news agency ...
  • May 28--In the final days of the Illinois legislative session, almost all the attention is focused on resolving a year-old budget impasse. But in the background, lobbyists for the state's biggest energy and utility companies have been trying to build support for big changes to Illinois utility rules. Chief among them is a bill backed by Chicago-based nuclear power plant giant Exelon Corp. that ...
  • KENYAN President Uhuru Kenyatta says the energy sector in his country has performed "superbly" as a result of private sector involvement that now generates 30 per cent of power. Speaking during a session dubbed: "The Path to Universal Access to Energy in Africa by 2025", President Kenyatta disclosed that the energy sector in Kenya is performing "superbly" due to the Kenyan government's ...
  • ALSONS Consolidated Resources Inc. (ACR) of the Alcantara Group is set to begin construction of three major power projects in Mindanao this year. These three projects are the second 105-megawatt (MW) section of the 210-MW Sarangani Energy Corp. (SEC) baseload coal-fired power plant in Maasim, Sarangani; the 15-MW Siguil River run-of-river hydroelectric plant, also in Maasim, Sarangani; and the ...
  • And new figures from Eurostat also show that domestic electricity charges here are the second highest in the EU, once taxes and levies are stripped out. The European Union's statistics agency found that prices here were way higher than the average across 28 countries. A statement from the European Commission office in Dublin confirmed the new figures show that Irish households pay more for ...
  • May 27--For Nevada's energy sector, the legislative session started early. Representatives from the energy industry and lawmakers on an energy task force Thursday recommended several pieces of legislation that ranged from eliminating outdated statutes to grandfathering pre-2016 rooftop solar customers under prior rates. It asked the governor to reconsider the way regulators plan for the ...
  • The largest dam in the world is set to begin construction within months and could be generating electricity in under five years. But 35,000 people may have to be relocated and it could be built without any environmental or social impact surveys, say critics. The $14bn (£9.5bn) Inga 3 project, the first part of the mega-project, is being fast-tracked by the Democratic Republic of Congo ...