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UK power plant developer Carlton Power has appointed the investment firm Macquarie Capital as debt and equity adviser for its proposed £1.2 billion Trafford Power combined cycle gas turbine (CCGT) power station. The 1.8 GW plant power project will bid…
The Indian government has approved relief measures designed to improve the availability of gas supply for power plants via its Administered Pricing Mechanism (APM). A financial package worth $19.7 billion will aim to support gas price pooling and reduce gas…
Finance for low carbon power generation technology needs to be accelerated in order to prevent global temperature rises, according to the International Energy Agency (IEA). The organisation’s Energy Technology Perspectives 2014 (ETP 2014) publication calls for new financial instruments to be…
The Egyptian prime minister Ibrahim Mahlab has urged operators to make more electricity supply available by the start of next week, as public resentment builds against the government over blackouts lasting up to eight hours per day in some regions…
U.S. utility Ameren Missouri said it will need to add 1,200 MW of gas-fired power capacity by 2020 in order to meet more stringent emission rules set out by the Environmental Protection Agency (EPA) regulations.  Ameren’s VP of environmental affairs,…
Recently approved energy reforms in Mexico are expected to boost investment in combined heat and power projects in the country, according to business consultancy Emerging Growth. Analysts at the firm claim that the reform measures will “reshape” the energy landscape…
Though Barak Obama has been keen to use his presidential powers to curb the use of coal at home and abroad, his clean-energy aspirations were challenged at the U.S.-Africa Leaders Summit. "We in Africa, we should not be in the…
Mexican president Enrique Peña Nieto signed a historic energy reform bill into law on Monday in a move that is expected to drive further investment in the country’s energy sector. When the majority of the new laws take effect on the…
Keen to achieve higher gas penetration, China's State Council is targeting to reach a gas supply capacity of 400 to 420 Bcm by 2020. Last year's pricing reform has improved the economics of pipeline and LNG imports as it effectively…
The Greek government will hold a bidding round next month to award of the first new oil and gas exploration leases in the country for nearly 20 years, in a bid to reduce the country's reliance on costly fuel imports…
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