More Energy Market Intelligence News

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 potential, according to a new study by Siemens.

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 over how to cope with the growing impact of renewables.

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, according to a new survey.

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 to boost generating capacity by 2000 MW to 5000 MW.

New 20 GW of gas and coal plant face post-cash crunch challenges

07/05/2013

More than 20 GW of gas and coal power stations are currently being built in Western Europe, a new report shows.

US gas turbine revenues to plummet as China closes gap

07/05/2013

The US gas turbine sector is expected to see its revenues plummet by 2018 but it will remain the largest market in the world in 2020.

Ditch coal for biomass and gas and build nuclear, urges UK report

22/04/2013

A cornerstone of the UK decarbonising its power sector is to switch from coal to biomass or gas and build a wave of new nuclear and renewable power infrastructure in the 2020s, according to a report out today.

Power bosses name political intervention as greatest business risk

17/04/2013

Political intervention is seen as the greatest threat to business in the next couple of years according to a new poll of power and utility bosses.

Voting for the European power sector’s most influential people

17/04/2013

Ahead of June’s POWER-GEN Europe and Renewable Energy World Europe 2013 event in Vienna, a list of the top 100 most influential voices in the European power generation industry is being compiled.

E.ON must wait for approval on $3bn power plant

11/04/2013

E.ON has submitted a revised draft to UK planning authorities for the proposed 700 MW Rampion Offshore Wind Farm off the southern English coast

Nuclear new build boom to spur uranium demand

05/04/2013

Demand for uranium is set to dramatically rise by 2020 on the back of a surge in new nuclear power plants, according to new research.

Rosatom in contention to build new Finnish nuclear plant

05/04/2013

The prospect of Russian involvement in the next Finnish nuclear power plant will be up for discussion when Russian Prime Minister Dmitry Medvedev and his Finnish counterpart Jyrki Katainen meet today (Friday).

Seven killed in terror attack at Pakistani power plant

02/04/2013

The biggest power station in the Khyber Paktunkhwa province of north west Pakistan is reported to have been destroyed by militants in an attack in the early hours of Tuesday, that claimed the lives of seven people.

Texas breakthrough may accelerate global CCS deployment

01/04/2013

The company behind a $125m carbon capture and storage project in Texas, US claims that it has found a way to turn carbon dioxide into solid materials, which could have a significant impact on global policy towards the technology.

Siemens signs up to Korean power plant investment

27/03/2013

German multinational engineering group, Siemens has signed a memorandum of understanding with the South Korean Ministry of Energy to invest an undisclosed amount in the country’s power generation future.

Bosch to quit solar business

25/03/2013

German engineering company, Bosch, has decided to sell its solar energy business, citing impossible market conditions.

European renewables inverter market could hit $6.7bn

19/03/2013

The inverter market for renewable energy systems in Europe earned more than €3.58bn ($4.63bn) in 2012 and this figure could rise to €5.24bn ($6.77bn) in 2018, according to new research.

China’s boiler, turbine and generator market to hit $30.1bn

19/03/2013

China’s reliance on thermal energy will be the key driver in the global boiler, turbine and generator market in the near future, according to analysts at research and consulting firm GlobalData.

German power performance to inspire the world?

15/03/2013

The Boston Consulting Group (BCG) has produced a report forecasting power generation in Germany to reach 250 GW by 2030, rising from 158 GW in 2010. The report’s authors say the European nation’s restructuring policy could serve as a beacon for the world.

Diesel gensets set for growth despite gas competition

08/03/2013

Annual installations of diesel generator sets will reach 82 GW of capacity by 2018 according to new research.