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SolarReserve Planning World's Largest Solar Farm for $5 Billion - Bloomberg

2016, október 14 - 06:21

SolarReserve Planning World's Largest Solar Farm for $5 Billion
Bloomberg
... state- and federal-level subsidies beyond just the investment tax credit, there is virtually no way this project will be able to deliver electricity at a price that's competitive today, much less five years from now,” said Nathan Serota, an analyst ...

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Nuclear Power Sector Stirs in India as Liability Fears Ease ... - Bloomberg

2016, október 13 - 06:13

Nuclear Power Sector Stirs in India as Liability Fears Ease ...
Bloomberg
Optimism is building in India's nuclear power industry as concerns ease that equipment suppliers would face crippling compensation costs in the event of an ...

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Southern's $6.9 Billion Clean Coal Plant Produces First Power - Bloomberg

2016, október 13 - 04:01

Southern's $6.9 Billion Clean Coal Plant Produces First Power
Bloomberg
The generation brings Southern a step closer to placing the plant into full commercial operations after years of delays and cost overruns. Once in service, it'll be the first large-scale power plant in the U.S. to gasify coal and capture carbon before ...

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China Returns to Pedal Power - Bloomberg

2016, október 13 - 00:15

Bloomberg

China Returns to Pedal Power
Bloomberg
According to Bloomberg, in just the last few weeks China's two biggest bicycle-sharing services landed $200 million in funding, giving one of them -- two-year-old, Beijing-based ofo -- a $500 million valuation. Didi, China's biggest ride-sharing ...

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Oman Imposes New Electricity Charges on Its Biggest Consumers - Bloomberg

2016, október 12 - 12:37

Bloomberg

Oman Imposes New Electricity Charges on Its Biggest Consumers
Bloomberg
The charge, which the government didn't specify, will target about 10,000 accounts, including those of state entities and industrial and commercial companies, the Authority for Electricity Regulation said in a statement on Wednesday. The change will ...

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Green Energy Boom Picks Up Speed Even as Investment Stagnates - Bloomberg

2016, október 12 - 11:59

Bloomberg

Green Energy Boom Picks Up Speed Even as Investment Stagnates
Bloomberg
That's the conclusion of Bloomberg New Energy Finance, which found dramatic improvements in wind and solar technology is helping to boost the amount of power generated from each plant -- and the cash they yield. That allowed installations to grow by ...
Global clean energy investment takes a diveESI Africa

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Power Fully Restored After Outage Across Wide Area of Tokyo - Bloomberg

2016, október 12 - 09:10

Bloomberg

Power Fully Restored After Outage Across Wide Area of Tokyo
Bloomberg
Over 350,000 homes in Tokyo have lost power after reports of black smoke from a substation of Tokyo Electric Power Co. in the neighboring prefecture of Saitama. Smoke and flames were detected from power lines near Tokyo, an official from the city of ...

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Power Price Spike Shows Need to Know Which Way the Wind Blows - Bloomberg

2016, október 12 - 09:02

Bloomberg

Power Price Spike Shows Need to Know Which Way the Wind Blows
Bloomberg
Independent energy research firm Bloomberg New Energy Finance said the federal government should be cautious linking South Australia's energy mix with separate supply and pricing concerns. "The immediate reaction of the government is cause for ...

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Fortum Building First Global Electric Vehicle Charging Business - Bloomberg

2016, október 11 - 18:14

Fortum Building First Global Electric Vehicle Charging Business
Bloomberg
Fortum is also doing research and development in Norway to test parked electric vehicles combined with batteries as a source of power for balancing the grid. Over 100 charging stations and batteries are on a site, that will be running tests for local ...

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Jera to Buy EDF Trading's Coal Business Amid Expansion - Bloomberg

2016, október 11 - 12:08

Jera to Buy EDF Trading's Coal Business Amid Expansion
Bloomberg
The purchase comes as Tokyo-based Jera looks to expand its coal and natural gas trading businesses amid heightened competition among Japanese power utilities and new entrants after the government fully liberalized the retail market in April. Coal will ...

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Battery Cost Plunge Seen Changing Automakers Most in 100 Years - Bloomberg

2016, október 11 - 10:15

Bloomberg

Battery Cost Plunge Seen Changing Automakers Most in 100 Years
Bloomberg
The price of lithium-ion battery packs for electric cars has fallen 65 percent since 2010 and is likely to keep declining, according to a report by Bloomberg New Energy Finance and McKinsey & Co. Consumers may appreciate the biggest impact in the form ...

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Eskom Backs Coal, Nuclear to Meet South Africa's Power Needs - Bloomberg

2016, október 11 - 09:50

Bloomberg

Eskom Backs Coal, Nuclear to Meet South Africa's Power Needs
Bloomberg
The utility, which was forced to impose managed cuts last year as demand exceeded power generation, is currently producing enough electricity to meet the country's needs. Eskom has said it shouldn't be bound to buying more expensive renewable energy ...

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Swiss Hydro Power Seen Up for Sale on Franc, Electricity Prices - swissinfo.ch

2016, október 10 - 18:07

Swiss Hydro Power Seen Up for Sale on Franc, Electricity Prices
swissinfo.ch
(Bloomberg) -- Two of Switzerland's biggest power producers may need to have their hydro units sold by the provincial authorities controlling them because of the franc's strength and weak power prices, an official with the Federal Office of Energy said.

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Swiss Hydro Power Seen Up for Sale on Franc, Electricity Prices - Bloomberg

2016, október 10 - 17:34

Swiss Hydro Power Seen Up for Sale on Franc, Electricity Prices
Bloomberg
Hydro power accounts for about 56 percent of power generation in the Alpine state, and the companies already have talked about piecemeal asset sales. Steinmann's remarks, in an interview at the Bloomberg New Energy Finance summit in London on ...

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'Flat and Boring' Prices Will Push Utilities Beyond Power - Bloomberg

2016, október 10 - 13:55

Bloomberg

'Flat and Boring' Prices Will Push Utilities Beyond Power
Bloomberg
The company, based in Rome, estimates Italy's electricity demand fell 2 percent in the first half of the year and power prices fell 24 percent, according to a presentation issued on June 30. Its net power production fell 8 percent, leading to a 9 ...

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S. Africa Selects Bidders for $2.9 Billion Coal-Power Plants - Bloomberg

2016, október 10 - 13:46

S. Africa Selects Bidders for $2.9 Billion Coal-Power Plants
Bloomberg
The government has pushed to diversify its sources of electricity as state-owned Eskom Holdings SOC Ltd., which provides about 90 percent of the nation's power, had to ration supply after decades of underinvestment in aging plants and delays in the ...

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Oil Glut Isn't Holding Back Energy Efficiency Gains, IEA Says - Bloomberg

2016, október 10 - 10:22

Bloomberg

Oil Glut Isn't Holding Back Energy Efficiency Gains, IEA Says
Bloomberg
The findings will help nations meet their ambitions of reducing greenhouse gases while limiting energy costs and spreading electricity to more of the poorest communities. The IEA has been prodding governments to put efficiency at the heart of their ...

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Siemens Weighs Bid on $3.7 Billion South Africa LNG to Power - Bloomberg

2016, október 10 - 09:05

Bloomberg

Siemens Weighs Bid on $3.7 Billion South Africa LNG to Power
Bloomberg
Energy Minister Tina Joemat-Pettersson declared gas-power development a priority in August last year as the government tries to reduce the nation's dependence on coal. The program will create jobs and build generating capacity that consumes less water ...

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China Isn't the Reason U.S. Aluminum Is Suffering - Bloomberg

2016, október 10 - 06:21

China Isn't the Reason U.S. Aluminum Is Suffering
Bloomberg
Aluminum, to quote an old industry cliche, is basically congealed electricity. The raw material for smelters is alumina, the same near-indestructible substance that makes up rubies and sapphires. Turning that into ductile metal requires melting it ...