South Korea’s majority state-owned utility KEPCO plans to cancel or convert to LNG two remaining overseas coal power projects in its pipeline.
Mitsubishi Hitachi Power Systems (MHPS) and construction company Daelim Industrial have secured a contract to supply an ultra-supercritical-pressure boiler for a power plant in South Korea.
Himeji No.2 thermal power station in Japan is a state-of-the-art combined cycle plant boasting a record-breaking gas turbine
The power and utilities sector is in a period of immense transformation. Infrastructure investment, big data and analytics, market and policy reforms, evolving regulatory frameworks, new market entrants and empowered customers are changing the way power and utilities think and operate.
Analysts at Moody’s Investors Services have today warned of the negative impact of the falling oil price on energy companies.