Power Sector Business
Get the latest power sector business news for the energy and utility market covering renewable energy investments, power investments, financial results, and market analysis. |
Business News
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Better site choices for renewables could save Europe $58bn
21/05/2013
Europe could save €45bn ($58bn) by 2030 if renewable energy installations were built on sites that offer the highest power pote...
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Europe faces blackouts risk from plant closures and policy inertia
21/05/2013
Europe could face power blackouts if utilities shut loss-making gas plants and aging coal facilities while governments dither o...
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Mitsubishi buys Pratt & Whitney Power Systems
20/05/2013
Mitsubishi Heavy Industries has completed its acquisition of Pratt & Whitney Power Systems. |
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CHP plant sold to world’s largest independent energy trader
16/05/2013
The Vitol Group – the world’s largest independent energy trader – has bought one of Europe’s largest cogeneration plants. |
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International players sit on UK Offshore Wind Council
16/05/2013
Key players in the renewables industry joined UK government representatives yesterday for the inaugural meeting of a body focus...
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High costs and public confidence top poll of nuclear challenges
15/05/2013
High capital costs and maintaining public confidence are the greatest challenges facing the European nuclear power industry, ac...
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METKA clinches €92m Algeria gas plant deal
15/05/2013
Greek EPC company METKA has signed a deal worth €92m ($118m) to build a gas plant in Algeria. |
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ABB chief Hogan quits for ‘private reasons’
13/05/2013
The Chief Executive Officer of ABB is to step down from his role for ‘private reasons’ after five years in charge. |
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$1.97bn Irish power business up for sale
09/05/2013
The Irish state owned power business, Bord Gais Energy, is up for sale with several UK-based utilities expected to bid. |
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Oman set for three new power plants
09/05/2013
The government of Oman is in the process of setting out tenders for up to three new power plants in the country, as they seek t...
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From the Wires
Diesel, gasoline top Costa Rica derivatives use
Diesel and gasoline led the sale of oil derivatives in Costa Rica in 2012, representing 36% and 35% respectively, according to ...
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$1.5 billion for new coal plants
DIVERSIFIED CONGLOMERATE San Miguel Corp., through SMC Global Power Holdings Corp., is spending about $1.5 billion to build two...
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Funds shortage behind energy crisis: minister
Caretaker Federal Minister for Water and Power Dr Musadiq Malik said shortage of funds and mismanagement were responsible for ...
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Business interview: Bruce Dingwall, Trinity Exploration and Production
Bruce Dingwall co-founded one of the first and biggest independent oil and gas companies in the North Sea before it was swallo...
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