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Iain Conn appointed Centrica chief executive

29/07/2014

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

29/07/2014

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.

Gaza power plant offline

29/07/2014

The Gaza Strip’s only power plant is offline after it was hit today by what some reports say were shells fired from an Israeli tank, and other reports attribute to a missile strike. The source of the bombardment could not be confirmed at this time.

Serbia faces steep energy import bill following floods

29/07/2014

Serbia’s power generation capacity has been compromised by recent floods and the country’s government is coming to terms with the fact that it will now have to increase its energy imports just when it had planned to reduce that dependency.

$570m gas-fired power contract for TransAlta in Australia

29/07/2014

Canada’s TransAlta Corporation is to build and operate a 150 MW combined cycle gas power station in South Hedland, Western Australia after winning a A$570m contract from state-owned Horizon Power.

Brazilian state to buy unwanted solar power

29/07/2014

The Brazilian state of Pernambuco has announced that it will buy the electricity from solar projects resulting from its first solar auction, having failed to find buyers for the power.

World Bank pledges $73m support for Congo hydroelectric plant

28/07/2014

The Democratic Republic of Congo’s plans to build a $12bn hydroelectric facility have received a boost after the World Bank agreed to support project by financing environmental and social-impact studies connected with the project.

UK opens bidding for fracking

28/07/2014

The UK is to open bidding for fracking licenses today in a move that aims to significantly expand the scope of shale gas extraction across the nation. 

$2.68bn Chinese cash injection for Italian power grid

25/07/2014

The Italian government, under pressure to address its significant debt, is close to a deal with China State Grid to sell an approximate 35 per cent stake in the Italian grid.

Germany grows reliance on balancing market

25/07/2014

Germany is turning more than ever to utilities to help stabilize the country’s electricity grid as it endeavours to manage the volatility of renewable power.

Hitachi looks to deepen ties with Mitsubishi

25/07/2014

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.

Wind power trade body cuts EU installation forecast

24/07/2014

Europe’s wind power trade body has cut its forecast for installations through 2020.

Beijing coal plant shut in clean air move

24/07/2014

Beijing has shut down the first of four coal-fired power plants scheduled for decommissioning as part of the city’s air pollution mitigation efforts.

Centrica chief prescribes a halt to offshore wind power for UK

24/07/2014

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

Sharp departs Italy to end overseas solar panel production

24/07/2014

Sharp Corporation has decided to withdraw from overseas solar panel making entirely, with the news that it has pulled out of its solar venture in Italy.

Watchdog launches probe into UK electricity market

24/07/2014

An investigation of the UK energy market has been launched by UK’s Competition and Markets Authority (CMA).

EU approves UK capacity market and renewable energy support scheme

24/07/2014

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.

Babcock & Wilcox to build 280 MW biomass plant in Denmark

24/07/2014

Dong Energy has awarded Babcock & Wilcox and $80m contract to build a biomass power plant in east Denmark.

Japan to increase support for coal power

24/07/2014

Japan is to increase its support for coal-fired power plants built in other countries that use the latest coal technologies, the nation said in a policy statement yesterday. 

Australia maintains focus on 5 per cent target despite carbon tax abolition

23/07/2014

The Australian government maintains that it will achieve its emissions reduction target by 2020, despite a recent controversial move by the Abbott government to abolish a carbon tax.

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