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Lower-cost fusion projects receive $32m boost from US Department of Energy

The US Department of Energy has announced the winners of $32m in funding for 15 projects as part of the Breakthroughs Enabling THermonuclear-fusion Energy program.

International

Royal Dutch Shell, Exxon - Mobil and BP have announced major shareholdings in three integrated energy projects in Saudi Arabia that will attract investments of $25bn. The projects represent the first foreign investment in Saudi's gas sector for 25 years.

Cold snap tested capabilities of European TSOs

The extreme cold weather snap that hit many parts of Europe in February put huge pressure on transmission system operators.

Research spend of European energy firms tops EUR1.5bn

Between 2007 and 2010, the combined R&D budget of 15 major European energy suppliers increased by 40 per cent to more than €1.5bn, according to new research.

Abu Dhabi’s TAQA, Marubeni, lowest bidders for Dubai IPP

A consortium of Abu Dhabi National Energy Company, Japan's Marubeni and South Korea's SK E&S Co Ltd is the lowest bidder for the estimated $1.3bn Hassyan 1 independent power project (IPP), the first of six planned IPPs in Dubai.

Elecktrim can bid exclusively for Poland’s G8 till Nov 30

Polish Treasury Minister Wieslaw Kaczmarek extended until Nov. 30 exclusive status given to the consortium formed by telecoms and engineering conglomerate Elektrim and Kulczyk Holding to buy a 25 per cent stake in the group of eight electricity distributors and suppliers known as G8, the ministry said in a statement Wednesday.

Merkel rules out German nuclear ‘bad bank’

Chancellor Angela Merkel has ruled out the possibility of utilities handing over responsibility for decommissioning Germany's nuclear power plants to a new public foundation where taxpayers would assume liability.

REEEP promotes biomass cogen in africa

The international Renewable Energy and Energy Efficiency Partnership (REEEP) is supporting a proposal to speed up the development of biomass-fuelled cogen projects in Africa

Expansion plans shelved for world’s largest offshore wind farm

A planned 240-MW expansion of the UK’s London Array offshore wind farm has been cancelled due to environmental concerns.

Japan and UK sign nuclear pact

The UK and Japan have signed a pact on nuclear power which will open the door to Japanese companies entering the UK market and give British firms a slice of Japan’s multi-billion decommissioning market.

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