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Government heads of EU member states have entered an accord committing to reduce carbon emissions by at least 40% by 2030 compared with 1990 levels, the European Commission said on Friday. The move could herald a shift from coal to…
Though the European Commission's winter 'stress test', that measures member states' preparedness for a possible disruption in gas supplies form the East, places greater emphasis on heat, COGEN Europe underlines that improving energy security requires a swift implementation of the…
Finnish engine maker Wartsila has seen lower nine-month earnings drop despite a stable revenue. Net profit was €231 million ($292m) as of 30 September, down from €246 millon year-on-year, Wartsila said pointing to "higher financial costs" - revenue meanwhile remained…
As details for China's Air Pollution Prevention and Control Action Plan (APPCAP) have evolved through 2014, energy suppliers warn that the continual re-thinking of targets is creating uncertainty for China's resources demand. Wood Mackenzie analysis shows coal will still make…
As Japan continues to rely on LNG for the bulk of its power generation due to delays in nuclear restarts, the Ministry of Economy, Trade and Industry forecasts gas importers will rely less on Middle Eastern supplies but source up…
The UK government supports curbing the length in carbon credit in the EU-ETS by creating a Market Stability Reserve, meant to help Europe meet its emission reduction targets more cost effectively and stimulate investment in low-carbon technologies for power generation.
Nigeria has seen a slump in power capacity of as much as 1,000 MW last week, according to the minister of power, Chinedu Nebo who blamed the drop on further pipeline vandalism.“Recently within the past week, the Okoloma gas plant…
Turbine manufacturer are struggling to help cash-constraint utilities in Europe to optimise their generation portfolio. As gas power plants are mothballed, manufacturers of gas turbines need to further enhance efficiency at lower operational costs, e.g. by increasing firing temperatures while…
Operators of gas-fired power plants in Europe are no longer able to cover their fixed costs, but some units need to stay operational as widespread mothballing has left the system with a shortage of generating capacity at times of peak…
China's hunger for gas already accounts for 30% of global demand but pressing needs to improve air policy spur a switch from coal to gas and push upstream companies to tap the China's huge shale gas resources, said Rodrigo Pinto…
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