Ken Kawai, CEO of Mitsubishi Power has defined the manufacturer’s 2021 goals as accelerating hydrogen and ammonia cofiring while enhancing economics. “High expectations are held,” he said, for Mitsubishi Power to “improve its productivity” – not least because the unit accounts for 30% of MHI Group’s business.
The British government is in talks with the French energy giant EDF on value-for-money and affordability of the £20 billion Sizewell C nuclear power plant in Suffolk. Should the 3.2 GW project get approval, despite falling costs for offshore wind, it could substantially reduce dispatch of gas power units.