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The UK’s first capacity auction has begun today with operators bidding to provide 48.6GW of capacity for delivery in 2018/19. Bidding for the reverse auction started at 9.00 am at £70-75/kW with bids set to decrease in increments until the capacity…
Gas price pooling will help revive Indian power producer NTPC’s flagship power plant, the 1,967 MW Dabhol facility south of Mumbai, according to the firm’s chairman Arup Roy Choudhury. The plant has sat idle due to lack of gas supply following…
Independent power producer Co-Ash Resources has applied to the Zimbabwe Energy Regulatory Authority (Zera) to construct a 1,000 MW gas-fired power plant in Hwange, in the northwest of the country.
After receiving 1.6 million comments on its proposed carbon rule, the U.S. Environmental Protection Agency (EPA) is now reviewing the often critical remarks by utilities before submitting a final standards by June 1, 2015.
Financing of $890 million has been agreed by a consortium of investors to develop the Azura-Edo Independent Power Project (IPP) in Edo State, Nigeria. Construction works for the 450 MW open cycle gas turbine (OCGT) plant are now expected to…
The Russian president Vladimir Putin has conceded a 6% discount on natural gas sales to Turkey as of January 1, 2015, as Gazprom announced plans to build a 63 Bcm pipeline through the Black Sea to transit Turkey and reach…
The Brazilian government has awarded the first contracts for coal and gas power plants in three years in a bid to replace hydropower. The auction is meant to spur development of 51 new plants with a total capacity of 4.89…
The government of India is fast-tracking its financial support measures to boost power generation capacity by 30,000 MW by tackling fuel scarcity. Power minister Piyush Goyal this week met with senior ministers to agree a plan to use idle gas…
The Energy Ministry of Thailand is set to finalise the first integrated energy plan for the country by the end of this year, officials have announced. The ASEAN country faces dwindling gas reserves, so the new strategy also aims to…
North Yorkshire-based Drax has been hit with a £28 million penalty, the largest ever imposed by Ofgem. The British energy regulator also requested InterGen to pay £11 million for failing to meet energy saving targets for low-income households.
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