More Personnel News

Scottish tidal energy firm signs $82m PPA


Scottish tidal energy firm MeyGen has signed a 10-year, £50m ($82m) power purchase agreement with independent energy company SmartestEnergy, the firms announced yesterday.

Is public acceptance a business risk for the nuclear industry?


Having spent a day at the World Nuclear Association’s (WNA) annual Symposium in London, this reporter came away with the view that the nuclear sector’s key focus at present centres on two issues: security of fuel supply and public acceptance of nuclear power.

Dubai shortlists companies in clean coal plant tender


Dubai’s state-owned utility has shortlisted eight companies in a tender for the construction of a 1200 MW clean coal-fired power plant, UAE officials have announced.

RWE Innogy opts to sell North Sea wind portfolio for $1.6bn


Northland Power is to buy 85 per cent of offshore wind power projects from top German utility, RWE, at an estimated cost of $1.6bn.

German construction giant blames Energiewende for gloomy outlook


Bilfinger, one of Germany’s largest construction groups, has delivered a third profit warning since June, and has apportioned some of the blame for its problems on the performance of its power division, which has been impacted by Energiewende.

An interesting experiment on LinkedIn


From time to time it’s interesting to post news of a success story from one industry into a group which caters for a rival industry. You can learn a lot from the cynicism involved.

Norway's energy firms hacked


In a major cyberattack on the energy sector, 50 Norwegian companies have been hacked and another 250 have been warned that they are at risk and should check their computer systems.

New chief executive announced at Eskom


Tshediso Matona has been named as the new chief executive of dominant South African power utility Eskom.

Fears of flight of renewable investment in Australia


Australia’s A$20bn clean energy industry is under threat of being undermined as the country’s government deliberates on whether to abolish or significantly reduce its renewable energy target.

Terium confirms plant shutdowns and warns on energy security


The Chief Executive of RWE, Peter Terium has confirmed that the company is to mothball 1000 MW of power plants and delivered a strong warning to the German government that the country’s energy security was potentially in jeopardy.

Coal lobby presses the case for investment in clean coal technology


The head of the World Coal Association says that leaders are wrong not to give more consideration to investment in clean coal technology and that doing so ignores coal’s positive role in economic development and poverty reduction

Siemens’ earnings higher than forecast


There is positive news for Europe’s largest engineering company after Siemens reported higher earnings than expected today.

Iain Conn appointed Centrica chief executive


Centrica has officially appointed Iain Conn as CEO. Mr Conn will leave his role as chief executive of BP, downstream, BP's refining and marketing division, to replace Sam Laidlaw who steps down at the end of the year.

Fresh controversy for Japanese nuclear as ex-KEPCO president reveals secret payments


Chimori Naito, the former vice president of Kansai Electric Power Co. (KEPCO), a leading provider of nuclear power, has admitted to secretly paying seven of Japan's prime ministers 20,000,000 yen (about $200,000) on an annual basis for 18 years.

Hitachi looks to deepen ties with Mitsubishi


Fresh from their failure to acquire Alstom Power, Hitachi’s chief executive says his company is looking to deepen its links with fellow Japanese firm, Mitsubishi Heavy Industries.

Centrica chief prescribes a halt to offshore wind power for UK


The chief executive of Centrica says the UK government ought to desist from building offshore wind farms and save £96bn in the process.

EU approves UK capacity market and renewable energy support scheme


The European Commission has approved the UK’s proposal for a national energy capacity market as well as its Contracts for Difference renewable energy support scheme.

Power executive pleads guilty to bribery


William Pomponi, a former vice president of Alstom US has pleaded guilty to a role in a scheme to bribe government officials in Indonesia.

GE Forum explains benefits of FlexEfficiency to gas power interests


Old Trafford, the home of Manchester United, was the venue last week for General Electric Power and Water’s FlexEfficiency Forum, aimed at getting the most out of gas turbine technology.

UK gets fourth energy minister in as many years


The UK has two new energy ministers following Prime Minister David Cameron’s most extensive Cabinet reshuffle yesterday.